Question: Please help me understand this unit 10 Banks are finding more ways to charge fees, such as a $27.50 overdraft fee. Sue McVickers has an
Please help me understand this unit
10 Banks are finding more ways to charge fees, such as a $27.50 overdraft fee. Sue McVickers has an account in Fayetteville; she has received her bank statement with this $27.50 charge. Also, she was charged a $10.70 service fee; however, the good news is she earned $7.95 interest. Her bank statement's balance was $631.15, but it did not show the $1,228.65 deposit she had made. Sue's 2.14 checkbook balance shows $691.30. The following checks have not cleared: No. 250, $736.45; No. 253, $220.90; and No. 254, points $241.40. Prepare Sue's bank reconciliation. (Round your answers to 2 decimal places.) eBook Sue's checkbook balance Bank balance Add: Add: Print Subtotal References Subtotal Deduct: Deduct: Reconciled balance Reconciled balance11 Carol Stokke receives her April 6 bank statement showing a balance of $1,084.75 her checkbook balance is $1,030.65. The bank statement shows an ATM charge of $20.80, NSF fee of $20.40, earned interest of $4.35, and Carol's $708.75 refund check, which was processed by the IRS and deposited to her account. Carol has two checks that have not cleared-No. 115 for $639.25 and No. 116 for 4 $293.10. There is also a deposit in transit for $1,550.15. Ints Prepare Carol's bank reconciliation. (Round your answers to 2 decimal places.) eBook Carol's checkbook balance Bank balance Add: Add: Hint Subtotal Print Subtotal Deduct: Deduct: References Reconciled balance Reconciled balance12 Lowell Bank reported the following checking account fees: $2.40 to see a real-live teller, $21.20 to process a bounced check, and $1.00 to $3.00 if you need an original check to prove you paid a bill or made a charitable contribution. This past month you had to transact business through a teller six times-a total $14.40 cost to you. Your bank statement shows a $497.68 balance; your checkbook 2.18 shows a $1,203.36 balance. You received $1.35 in interest. An $817.75 deposit was not recorded on your statement. The following points checks were outstanding: No. 413, $29.50; No. 414, $20.50; and No. 418, $75.12. Prepare your bank reconciliation. (Round your answers to 2 decimal places.) @Book Checkbook balance Bank balance Add: Add: Print References Subtotal Subtotal Deduct: Deduct: Reconciled balance Reconciled balance9 Kameron Gibson's bank statement showed a balance of $1,156.45. Kameron's checkbook had a balance of $273.10. Check No. 104 for $161.50 and check No. 105 for $20.95 were outstanding. A $744.60 deposit was not on the statement. He has his payroll check electronically deposited to his checking account-the payroll check was for $1,474.80. There was also a $10.90 teller fee and an 214 $18.40 service charge. pints Prepare Kameron Gibson's bank reconciliation. (Round your answers to 2 decimal places.) eBook Kameron's checkbook balance Bank balance Add: Add: Hint Subtotal Subtotal Deduct: Deduct: Print References Reconciled balance Reconciled balance
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