Jarod Douglas Jones is a young professional just getting started in the world. He has been...

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Jarod Douglas Jones is a young professional just getting started in the world. He has been having some difficulty getting his checkbook,, to match his bank statement, Last month all he had to do was subtract the service charge from his checkbook register and the amounts matched. This month is different. He would like your help reconciling the problem. Help him find his mistake(s) and learn the procedures for balancing his checkbook each month. a. Record in Jarod's check register all items that appear on the monthly statement received from the bank that have not been previously entered: (Select from the drop-down menu.) Service charge ATM deposit and fee .$4.50 (Round to the nearest cent.) .$3.00 (Round to the nearest cent.) Big Al's All-U-Care-To-Eat 39.00 (Round to the nearest cent.) The adjusted balance of Jarod's check register is $ (Round to the nearest cent.) b. In Jarod's check register, the total deposits (or credits): (Select the best answer below.) A. is less than the deposits (or credits) on the bank statement. B. match the withdrawals, checks and debits. C. match the deposits (or credits) on the bank statement. D. is greater than the deposits (or credits) on the bank statement. c. List any deposits that have been made since the date of the statement. (Select from the drop-down menu.) (Round to the nearest cent.) d. List any checks and debits issued by Jarod that have not yet been reported on the bank statement: (Select from the drop-down menu.) (Round to the nearest cent.) (Round to the nearest cent.) (Round to the nearest cent.) $ . /Dound to the noorest cont I e. The ending statement balance provided in the monthly statement that Jarod received from the bank is $. (Round to the nearest cent.) f. The total amount of deposits and credits Jarod has made since the statement date is $ (Round to the nearest cent.) g. The total of the ending statement balance and the deposits made since the statement date is $ (Round to the nearest cent.) h. The total amount of checks and debits outstanding is $ i. The adjusted statement balance is $ (Round to the nearest cent.) j. Comparing the adjusted statement balance with the adjusted balance of Jarod's check register, you find: (Select the best answer below.) (Round to the nearest cent.) O A. the statement is under by $16.00. B. the statement and checkbook now match exactly. C. the checkbook is under by $8.00. D. the checkbook is over by $8.00. k. Since the account balanced last month: (Select the best answer below.) O A. there should be no outstanding checks from the past but all deposits may not have been included. B. there should be outstanding checks from the past and all deposits have been included. OC. there should be no outstanding deposits from the past and all credits have been included. OD. there should be no outstanding checks from the past and all deposits have been included. Upon review, you notice Jarod made some common mistakes: (Select all that apply.) A. For check number 1081 he subtracted $50.20 rather than $20.50; resulting in a $30 understatement. B. For check number 1078 he transposed $302.20 for $320.20; resulting in an $18 overstatement. C. For check number 1076 he subtracted $69.75 rather than $59.75; resulting in a $10 understatement. D. For check number 1081 he subtracted $20.50 rather than $50.20; resulting in a $30 overstatement. E. For check number 1076 he subtracted $59.75 rather than $69.75; resulting in a $10 overstatement. F. For check number 1078 he transposed $320.20 for $302.20; resulting in an $18 understatement. Making the appropriate correction for these mistakes results in a July 29 balance of $ (Round to the nearest cent.) Data Table (Click on the following icon in order to copy its contents into a spreadsheet.) Payee/Description Date 24-Jun 26-Jun 29-Jun 30-Jun 1-Jul 1-Jul 3-Jul 3-Jul 8-Jul 8-Jul 9-Jul 12-Jul 15-Jul 15-Jul 15-Jul 18-Jul 18-Jul 19-Jul 23-Jul 23-Jul 21-Jul 28-Jul Number 1070 1071 1072 1073 1074 1075 1076 1077 1078 1079 1080 1081 1082 1083 1084 1085 Dinner out Cash Video game Payroll Auto insurance Cash Visa Store card Gas card Cell phone Owed to parents Dinner out Payroll Auto payment MasterCard Discover Card Cash Haircut Cell phone Gift ATM withdrawal Cheap Food Store Credit $1,161.73 $1,161.73 $500.00 Debit $41.81 $30.00 $50.00 $70.50 $100.00 $45.20 $147.11 $69.75 $27.81 $302.20 $37.87 $350.00 $20.50 $1,599.11 $125.00 $23.00 $28.56 $51.50 $47.25 Balance $2,005.98 ($41.81) $1,964.17 ($30.00) $1,934.17 ($50.00) $1,884.17 $1,161.73 $3,045.90 ($70.50) $2,975.40 ($100.00) $2,875.40 ($45.20) $2,830.20 ($147.11) $2,683.09 ($69.75) $2,623.34 ($27.81) $2,595.53 ($320.20) $2,275.33 ($37.87) $2,237.46 $1,161.73 $3,399.19 ($350.00) $3,049.19 ($20.50) $3,028.69 ($1,599.11) $1,429.58 ($125.00) $1,304.58 ($23.00) $1,281.58 ($28.56) $1,253.02 $500.00 $1,753.02 ($51.50) $1,701.52 ($47.25) https://xlitemprod.pearsoncmg.com/Player/Player.aspx?cultureld=en-u...=highered&disableStandbyIndicator=true&assignment HandlesLocale=true 7/30/23, 3:00 AM Page 1 of 2 Data Table 29-Jul 1086 Sears Page 2 of 2 $9.16 $1,654.27 ($9.16) $1,645.11 https://xlitemprod.pearsoncmg.com/Player/Player.aspx?cultureld=en-u...-highered&disableStandby Indicator=true&assignmentHandles Locale=true 7/30/23, 3:00 AM Page 2 of 2 ************ Data Table (Click on the following icon Big USA Bank Summary Beginning balance in order to copy its contents into a spreadsheet.) Total deposits Total withdrawals Service charge ATM fees Ending balance Deposits and Electronic Credits Automatic payroll Automatic payroll Branch deposit Withdrawals and Electronic Debits Auto insurance Visa-Check 1074 Big Al's All-U-Care-To-Eat ATM A Cut Above Hair Salon ATM Checks 1071 1072 1073 1074 1075 7076 1077 1078 1080* 1081 1082 1084* *Break in Sequence 6/27 7/29 6/30 7/15 7/23 7/01 7/05 7/07 7/10 7/19 7/21 7/01 7/03 7/08 7/06 7/09 7/16 7/10 7/V 7/20 7/21 7/22 7/23 $1,964.17 $2,823.46 $2,982.74 $4.50 $3.00 $1,797.39 $1,161.73 $1,161.73 $500.00 $70.50 $45.20 $39.00 $30.00 $23.00 $50.00 $30.00 $50.00 $100.00 See above $147.11 $69.75 $27.81 $302.20 $350.00 $20.50 $1,599.11 $28.56 7/30/23, 3:01 AM https://xlitemprod.pearsoncmg.com/Player/Player.aspx?cultureld=en-us...-highered&disableStandbyIndicator=true&assignmentHandles Locale=true Page 1 of 1 Jarod Douglas Jones is a young professional just getting started in the world. He has been having some difficulty getting his checkbook,, to match his bank statement, Last month all he had to do was subtract the service charge from his checkbook register and the amounts matched. This month is different. He would like your help reconciling the problem. Help him find his mistake(s) and learn the procedures for balancing his checkbook each month. a. Record in Jarod's check register all items that appear on the monthly statement received from the bank that have not been previously entered: (Select from the drop-down menu.) Service charge ATM deposit and fee .$4.50 (Round to the nearest cent.) .$3.00 (Round to the nearest cent.) Big Al's All-U-Care-To-Eat 39.00 (Round to the nearest cent.) The adjusted balance of Jarod's check register is $ (Round to the nearest cent.) b. In Jarod's check register, the total deposits (or credits): (Select the best answer below.) A. is less than the deposits (or credits) on the bank statement. B. match the withdrawals, checks and debits. C. match the deposits (or credits) on the bank statement. D. is greater than the deposits (or credits) on the bank statement. c. List any deposits that have been made since the date of the statement. (Select from the drop-down menu.) (Round to the nearest cent.) d. List any checks and debits issued by Jarod that have not yet been reported on the bank statement: (Select from the drop-down menu.) (Round to the nearest cent.) (Round to the nearest cent.) (Round to the nearest cent.) $ . /Dound to the noorest cont I Jarod Douglas Jones is a young professional just getting started in the world. He has been having some difficulty getting his checkbook,, to match his bank statement, Last month all he had to do was subtract the service charge from his checkbook register and the amounts matched. This month is different. He would like your help reconciling the problem. Help him find his mistake(s) and learn the procedures for balancing his checkbook each month. a. Record in Jarod's check register all items that appear on the monthly statement received from the bank that have not been previously entered: (Select from the drop-down menu.) Service charge ATM deposit and fee .$4.50 (Round to the nearest cent.) .$3.00 (Round to the nearest cent.) Big Al's All-U-Care-To-Eat 39.00 (Round to the nearest cent.) The adjusted balance of Jarod's check register is $ (Round to the nearest cent.) b. In Jarod's check register, the total deposits (or credits): (Select the best answer below.) A. is less than the deposits (or credits) on the bank statement. B. match the withdrawals, checks and debits. C. match the deposits (or credits) on the bank statement. D. is greater than the deposits (or credits) on the bank statement. c. List any deposits that have been made since the date of the statement. (Select from the drop-down menu.) (Round to the nearest cent.) d. List any checks and debits issued by Jarod that have not yet been reported on the bank statement: (Select from the drop-down menu.) (Round to the nearest cent.) (Round to the nearest cent.) (Round to the nearest cent.) $ . /Dound to the noorest cont I e. The ending statement balance provided in the monthly statement that Jarod received from the bank is $. (Round to the nearest cent.) f. The total amount of deposits and credits Jarod has made since the statement date is $ (Round to the nearest cent.) g. The total of the ending statement balance and the deposits made since the statement date is $ (Round to the nearest cent.) h. The total amount of checks and debits outstanding is $ i. The adjusted statement balance is $ (Round to the nearest cent.) j. Comparing the adjusted statement balance with the adjusted balance of Jarod's check register, you find: (Select the best answer below.) (Round to the nearest cent.) O A. the statement is under by $16.00. B. the statement and checkbook now match exactly. C. the checkbook is under by $8.00. D. the checkbook is over by $8.00. k. Since the account balanced last month: (Select the best answer below.) O A. there should be no outstanding checks from the past but all deposits may not have been included. B. there should be outstanding checks from the past and all deposits have been included. OC. there should be no outstanding deposits from the past and all credits have been included. OD. there should be no outstanding checks from the past and all deposits have been included. e. The ending statement balance provided in the monthly statement that Jarod received from the bank is $. (Round to the nearest cent.) f. The total amount of deposits and credits Jarod has made since the statement date is $ (Round to the nearest cent.) g. The total of the ending statement balance and the deposits made since the statement date is $ (Round to the nearest cent.) h. The total amount of checks and debits outstanding is $ i. The adjusted statement balance is $ (Round to the nearest cent.) j. Comparing the adjusted statement balance with the adjusted balance of Jarod's check register, you find: (Select the best answer below.) (Round to the nearest cent.) O A. the statement is under by $16.00. B. the statement and checkbook now match exactly. C. the checkbook is under by $8.00. D. the checkbook is over by $8.00. k. Since the account balanced last month: (Select the best answer below.) O A. there should be no outstanding checks from the past but all deposits may not have been included. B. there should be outstanding checks from the past and all deposits have been included. OC. there should be no outstanding deposits from the past and all credits have been included. OD. there should be no outstanding checks from the past and all deposits have been included. Upon review, you notice Jarod made some common mistakes: (Select all that apply.) A. For check number 1081 he subtracted $50.20 rather than $20.50; resulting in a $30 understatement. B. For check number 1078 he transposed $302.20 for $320.20; resulting in an $18 overstatement. C. For check number 1076 he subtracted $69.75 rather than $59.75; resulting in a $10 understatement. D. For check number 1081 he subtracted $20.50 rather than $50.20; resulting in a $30 overstatement. E. For check number 1076 he subtracted $59.75 rather than $69.75; resulting in a $10 overstatement. F. For check number 1078 he transposed $320.20 for $302.20; resulting in an $18 understatement. Making the appropriate correction for these mistakes results in a July 29 balance of $ (Round to the nearest cent.) Upon review, you notice Jarod made some common mistakes: (Select all that apply.) A. For check number 1081 he subtracted $50.20 rather than $20.50; resulting in a $30 understatement. B. For check number 1078 he transposed $302.20 for $320.20; resulting in an $18 overstatement. C. For check number 1076 he subtracted $69.75 rather than $59.75; resulting in a $10 understatement. D. For check number 1081 he subtracted $20.50 rather than $50.20; resulting in a $30 overstatement. E. For check number 1076 he subtracted $59.75 rather than $69.75; resulting in a $10 overstatement. F. For check number 1078 he transposed $320.20 for $302.20; resulting in an $18 understatement. Making the appropriate correction for these mistakes results in a July 29 balance of $ (Round to the nearest cent.) Data Table (Click on the following icon in order to copy its contents into a spreadsheet.) Payee/Description Date 24-Jun 26-Jun 29-Jun 30-Jun 1-Jul 1-Jul 3-Jul 3-Jul 8-Jul 8-Jul 9-Jul 12-Jul 15-Jul 15-Jul 15-Jul 18-Jul 18-Jul 19-Jul 23-Jul 23-Jul 21-Jul 28-Jul Number 1070 1071 1072 1073 1074 1075 1076 1077 1078 1079 1080 1081 1082 1083 1084 1085 Dinner out Cash Video game Payroll Auto insurance Cash Visa Store card Gas card Cell phone Owed to parents Dinner out Payroll Auto payment MasterCard Discover Card Cash Haircut Cell phone Gift ATM withdrawal Cheap Food Store Credit $1,161.73 $1,161.73 $500.00 Debit $41.81 $30.00 $50.00 $70.50 $100.00 $45.20 $147.11 $69.75 $27.81 $302.20 $37.87 $350.00 $20.50 $1,599.11 $125.00 $23.00 $28.56 $51.50 $47.25 Balance $2,005.98 ($41.81) $1,964.17 ($30.00) $1,934.17 ($50.00) $1,884.17 $1,161.73 $3,045.90 ($70.50) $2,975.40 ($100.00) $2,875.40 ($45.20) $2,830.20 ($147.11) $2,683.09 ($69.75) $2,623.34 ($27.81) $2,595.53 ($320.20) $2,275.33 ($37.87) $2,237.46 $1,161.73 $3,399.19 ($350.00) $3,049.19 ($20.50) $3,028.69 ($1,599.11) $1,429.58 ($125.00) $1,304.58 ($23.00) $1,281.58 ($28.56) $1,253.02 $500.00 $1,753.02 ($51.50) $1,701.52 ($47.25) https://xlitemprod.pearsoncmg.com/Player/Player.aspx?cultureld=en-u...=highered&disableStandbyIndicator=true&assignment HandlesLocale=true 7/30/23, 3:00 AM Page 1 of 2 Data Table (Click on the following icon in order to copy its contents into a spreadsheet.) Payee/Description Date 24-Jun 26-Jun 29-Jun 30-Jun 1-Jul 1-Jul 3-Jul 3-Jul 8-Jul 8-Jul 9-Jul 12-Jul 15-Jul 15-Jul 15-Jul 18-Jul 18-Jul 19-Jul 23-Jul 23-Jul 21-Jul 28-Jul Number 1070 1071 1072 1073 1074 1075 1076 1077 1078 1079 1080 1081 1082 1083 1084 1085 Dinner out Cash Video game Payroll Auto insurance Cash Visa Store card Gas card Cell phone Owed to parents Dinner out Payroll Auto payment MasterCard Discover Card Cash Haircut Cell phone Gift ATM withdrawal Cheap Food Store Credit $1,161.73 $1,161.73 $500.00 Debit $41.81 $30.00 $50.00 $70.50 $100.00 $45.20 $147.11 $69.75 $27.81 $302.20 $37.87 $350.00 $20.50 $1,599.11 $125.00 $23.00 $28.56 $51.50 $47.25 Balance $2,005.98 ($41.81) $1,964.17 ($30.00) $1,934.17 ($50.00) $1,884.17 $1,161.73 $3,045.90 ($70.50) $2,975.40 ($100.00) $2,875.40 ($45.20) $2,830.20 ($147.11) $2,683.09 ($69.75) $2,623.34 ($27.81) $2,595.53 ($320.20) $2,275.33 ($37.87) $2,237.46 $1,161.73 $3,399.19 ($350.00) $3,049.19 ($20.50) $3,028.69 ($1,599.11) $1,429.58 ($125.00) $1,304.58 ($23.00) $1,281.58 ($28.56) $1,253.02 $500.00 $1,753.02 ($51.50) $1,701.52 ($47.25) https://xlitemprod.pearsoncmg.com/Player/Player.aspx?cultureld=en-u...=highered&disableStandbyIndicator=true&assignment HandlesLocale=true 7/30/23, 3:00 AM Page 1 of 2 Data Table 29-Jul 1086 Sears Page 2 of 2 $9.16 $1,654.27 ($9.16) $1,645.11 https://xlitemprod.pearsoncmg.com/Player/Player.aspx?cultureld=en-u...-highered&disableStandby Indicator=true&assignmentHandles Locale=true 7/30/23, 3:00 AM Page 2 of 2 ************ Data Table 29-Jul 1086 Sears Page 2 of 2 $9.16 $1,654.27 ($9.16) $1,645.11 https://xlitemprod.pearsoncmg.com/Player/Player.aspx?cultureld=en-u...-highered&disableStandby Indicator=true&assignmentHandles Locale=true 7/30/23, 3:00 AM Page 2 of 2 ************ Data Table (Click on the following icon Big USA Bank Summary Beginning balance in order to copy its contents into a spreadsheet.) Total deposits Total withdrawals Service charge ATM fees Ending balance Deposits and Electronic Credits Automatic payroll Automatic payroll Branch deposit Withdrawals and Electronic Debits Auto insurance Visa-Check 1074 Big Al's All-U-Care-To-Eat ATM A Cut Above Hair Salon ATM Checks 1071 1072 1073 1074 1075 7076 1077 1078 1080* 1081 1082 1084* *Break in Sequence 6/27 7/29 6/30 7/15 7/23 7/01 7/05 7/07 7/10 7/19 7/21 7/01 7/03 7/08 7/06 7/09 7/16 7/10 7/V 7/20 7/21 7/22 7/23 $1,964.17 $2,823.46 $2,982.74 $4.50 $3.00 $1,797.39 $1,161.73 $1,161.73 $500.00 $70.50 $45.20 $39.00 $30.00 $23.00 $50.00 $30.00 $50.00 $100.00 See above $147.11 $69.75 $27.81 $302.20 $350.00 $20.50 $1,599.11 $28.56 7/30/23, 3:01 AM https://xlitemprod.pearsoncmg.com/Player/Player.aspx?cultureld=en-us...-highered&disableStandbyIndicator=true&assignmentHandles Locale=true Page 1 of 1 Data Table (Click on the following icon Big USA Bank Summary Beginning balance in order to copy its contents into a spreadsheet.) Total deposits Total withdrawals Service charge ATM fees Ending balance Deposits and Electronic Credits Automatic payroll Automatic payroll Branch deposit Withdrawals and Electronic Debits Auto insurance Visa-Check 1074 Big Al's All-U-Care-To-Eat ATM A Cut Above Hair Salon ATM Checks 1071 1072 1073 1074 1075 7076 1077 1078 1080* 1081 1082 1084* *Break in Sequence 6/27 7/29 6/30 7/15 7/23 7/01 7/05 7/07 7/10 7/19 7/21 7/01 7/03 7/08 7/06 7/09 7/16 7/10 7/V 7/20 7/21 7/22 7/23 $1,964.17 $2,823.46 $2,982.74 $4.50 $3.00 $1,797.39 $1,161.73 $1,161.73 $500.00 $70.50 $45.20 $39.00 $30.00 $23.00 $50.00 $30.00 $50.00 $100.00 See above $147.11 $69.75 $27.81 $302.20 $350.00 $20.50 $1,599.11 $28.56 7/30/23, 3:01 AM https://xlitemprod.pearsoncmg.com/Player/Player.aspx?cultureld=en-us...-highered&disableStandbyIndicator=true&assignmentHandles Locale=true Page 1 of 1

Answer rating: 100% (QA)

a Entries from bank statement to be recorded in Jarods check register Big Als AllUCareToEat 3900 ATM 3000 Service charge 450 ATM fees 150 The adjusted ... View the full answer