On April 3, Erin Gardner received her bank statement showing a balance of $2,088.93. Her checkbook...

  

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On April 3, Erin Gardner received her bank statement showing a balance of $2,088.93. Her checkbook showed a balance of $1,912.47. Outstanding checks were $234.15, $337.80, $98.10, $132.42, and $212.67. The account earned $22.43. Deposits in transit amount to $852.11, and there is a service charge of $9.00. Use the form below to calculate the reconciled balance. CHECKBOOK BALANCE Add: Interest Earned & Other Credits SUBTOTAL Deduct: Service Charges & Other Debits ADJUSTED CHECKBOOK BALANCE LLL STATEMENT BALANCE Add: Deposits in Transit SUBTOTAL Deduct: Outstanding Checks ADJUSTED STATEMENT BALANCE LLLLL On April 3, Erin Gardner received her bank statement showing a balance of $2,088.93. Her checkbook showed a balance of $1,912.47. Outstanding checks were $234.15, $337.80, $98.10, $132.42, and $212.67. The account earned $22.43. Deposits in transit amount to $852.11, and there is a service charge of $9.00. Use the form below to calculate the reconciled balance. CHECKBOOK BALANCE Add: Interest Earned & Other Credits SUBTOTAL Deduct: Service Charges & Other Debits ADJUSTED CHECKBOOK BALANCE LLL STATEMENT BALANCE Add: Deposits in Transit SUBTOTAL Deduct: Outstanding Checks ADJUSTED STATEMENT BALANCE LLLLL

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To calculate the reconciled balance we need to go through the process of bank reconciliation by comp... View the full answer