Question: Problem 5.1 Save this worksheet to your computer using your name (example: John Doe Problem 5.1). Insert your answers where the question marks are located.
Problem 5.1 Save this worksheet to your computer using your name (example: John Doe Problem 5.1). Insert your answers where the question marks are located. Submit the completed worksheet 1. Assume that your cousin just received an account statement from the bank. The statement shows a balance of $683. Your cousin's check register shows a balance of $500. Use the checking account reconciliation format that follows to determine the dollar value of all outstanding checks. Use the following information in your calculations: a. The monthly service charge was $10. b. Interest carned was $3. c. No deposits were made. Checking Account Reconciliation Checkbook balance Less: Service charges Plus: Interest earned \begin{tabular}{ll} Plus: Deposits & ? \\ \hline Net balance & ? \end{tabular}
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