Question: Identity Theft Resource Center (ITRC) provides consumer and victim support, public education, and advice. Marlenas grandmother is concerned her identity has been stolen. Help Marlena
Identity Theft Resource Center (ITRC) provides consumer and victim support, public education, and advice. Marlenas grandmother is concerned her identity has been stolen. Help Marlena reconcile her grandmothers checkbook and bank statement. The checkbook reflects a balance of $1,410. The bank statement shows a balance of $350. Notes collected were $210 and $320. The bank charged a $80 service fee. Outstanding checks were No. 255, $1,150; No. 261, $420; and No. 262, $655. There is a deposit in transit of $3,735. Prepare your bank reconciliation.
BANK RECONCILIATION Checkbook balance Bank balance Add: Add: Subtotal Subtotal Deduct: Deduct: Reconciled balance Reconciled balance
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