Question: The July bank statement for A & H Iron Works shows a balance of $37.94 and a service charge of $8.00. The account register shows

The July bank statement for A & H Iron Works shows a balance of $37.94 and a service charge of $8.00. The account register shows deposits of $650 and $375.56 that do not appear on the statement. Checks in the amounts of $217.45, $57.82, $17.45, and $58.62 are outstanding The register balance before reconciliation is $720.16. Reconcile the bank statement with the account register using the form in Figure 4 - 49.

The July bank statement for A & H Iron Works

Figure 4 - 49

BALANCE AS SHOWN ON BANK STATEMENT TOTAL OF OUTSTANDING DEPOSITS NEW TOTAL BALANCE AS SHOWN$ IN YOUR REGISTER SUBTRACT AMOUNT OF SERVICE CHARGE NEW TOTAL SUBTRACT TOTAL OF OUTSTANDING CHECKS ADJUSTMENTS IF ANY YOUR ADJUSTED STATEMENT BALANCE EQUAL REGISTER BALANCE SHOULD YOUR ADJUSTED Outstanding Deposits (Credits) Outstanding Checks (Debits) Date Amount Check Number Date Amount Total Total S

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