On December 1 5 , you received your bank statement showing a balance of $ 2 ,

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Question:

On December

15,

you received your bank statement showing a balance of $

2, 266.31 .

Your checkbook shows a balance of $

2, 431.39 .

Outstanding checks are $

225.50

and $

353.10 .

The account earned $

75.56 .

Deposits in transit amount to $

805.24,

and there is a service charge of $

14.00 .

Calculate the reconciled balance.

Posted Date: May 11, 2024 04:15 AM

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On December 1 5 , you received your bank statement showing a balance of $ 2 ,

Question:

Expert Answer:

To calculate the reconciled balance we need to adjust the checkbook balance ... View the full answer

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