Mia just received her bank statement. The statement lists three deposits and 25 checks that cleared. Her register shows eight outstanding checks. How many checks has Mia written since her last statement? Answers A. 36 B. 25 C. 33 D. 8
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- Esther had a balance of $4,145.28 in her checking account.She wrote checks for $88.90 and $324.75. Her deposits were $755 and $220.15. What was Esther's new balance after these transactions?On September 1, Sharon Santos was given his monthly bank statement with a bank balance of P 17,063.50. On that date , her checkbook balance was P 24,194.50. Upon examining the bank statement and her checkbook she discovered the following: a) outstanding check as P 4,035; b) deposit of P 7,500 was not recorded on the stub. c) deposit of P 6,185 was entered as P 6,851 on the stub d) check deposit for P 25,930 was entered as P 24,930 e) deposit of P 10,240 was recorded twice on the stub f) deposit of P 12,560 was late to be included in the bank statement. g) service charge of P 200 was deducted by the bank h) check issued for P 15,645 as written on the stub as P 18,645. Prepare a bank reconciliation statement for Sharon Santos.Moon Lee received her bank statement on September 8, showing a balance of $2,009.32. The balance shown in her checkbook was $2,469.31. Deposits in transit amounted to $1.197.87 and there was a service charge of $6.00. Outstanding checks were $310.18 and $324.50, and the interest earned was $109.20. Find the reconciled balance.
- On November 3, Micah Asuncion received from the bank her bank statement for the month of October. She compared her checkbook to the bank statement and discovered the following: Prepare a bank reconciliation. CHECKBOOK Balance P333,203.50 Balance P369,725.56 Deposits: Deposits: 10/3 P59,600.00 10/3 P59,600.00 10/10 P53,740.00 10/10 P53,700.00 10/26 P27,610.00 10/16 P46,030.00 10/31 P30,260.00 10/26 P27,610.00 Check Issued and Recorded: Checks Cancelled: No.3 P14,435.00 No.5 P38,206.00 No.5 P38,026.00 No.16 P17,300.00 No.16…When Chris balanced her business check book, she had an adjusted bank balance of $8,911. She had three outstanding deposits worth $349 each and seven checks outstanding with a total value of $948. What is the amount of the collection float on this account?3. Lim’s bank balance on July 1 was ₱20,475. Since then, she has made the following deposits: ₱10,800; ₱516; ₱2,323; and ₱1,974. She also issued the following checks: ₱39,371.60; ₱1,348; and ₱18,407. At the end of the month, she had to pay a bill in the amount of ₱12,429.40. What additional deposit did she have to make in order to still have a remaining balance of ₱10,110 after meeting this obligation?
- 6. On June1, Flor Rosales received her bank statement for May from the bank together with the cancelled checks. Her bank balance on that date was ₱26,270.10 while her checkbook balance was ₱23,839.60. In comparing the cancelled checks with her checkstub, she found the following checks outstanding: #255 for ₱1,350 and #261 for ₱1,500. She also found the following: a deposit made on May 31 in the amount of ₱720 was not recorded in the bank statement; a deposit of ₱2,235 was recorded on the stub as ₱1,235; a check of ₱1,050 was written as ₱1,450 on the stub. There are also other discrepancies on the stub; a check of ₱1,350 was omitted and a deposit of ₱306 was not recorded; and there is also a service fee of ₱55.50. Prepare a reconciliation statement.Tracy has the following transactions written down and plans on entering them into her register. Her starting balance is $178.85. She wrote checks for $37.12, $45.60, and got a check from her friend for $40 she owed her. What is Tracy's current balance in the account?8. On August 31, Lovely Anonay compared her checkbook balance to her bank statement and discovered the following:
- Braun issued a $35 check to Rice. Rice took the check to Braun’s bank and had it certified. Rice then raised the amount to $350 and negotiated it to Turner. Turner presented the check for payment and received $350. When Braun received her canceled checks, she noticed the alteration and notified the bank. Who will suffer the loss?On October 1, Jessica Clay received her bank statement showing a balance of $374.52.Her checkbook records indicate a balance of $338.97. There was a service charge for themonth of $4.40 on the statement. The outstanding checks were for $47.10, $110.15, $19.80,and $64.10. The deposits in transit totaled $125.50. There was a $75.70 debit for automaticpayment of her telephone bill. Use the following form to reconcile Jessica's checking account.Debits Checks OutstandingAmount AmountSvc. Chg.Total TotalCHECKBOOK BALANCE STATEMENT BALANCEAdd: Interest & Other Credits Add: Deposits in TransitSUB TOTAL SUB TOTALDeduct: Service Charges & Other Debits Deduct: Outstanding ChecksADJUSTED CHECK BOOK BALANCE ADJUSTED STATEMENT BALANCEFor the following question, reconcile the bank statement and check register. Would they need to make an adjustment or does everything reconcile? Sylvia’s checkbook balance on July 31 is $389.32. The information on her bank statement is given below. The outstanding checks, unrecorded deposits, and unrecorded ATM transactions are listed here also. From this information will her account reconcile? Bank statement: $434.30; Interest: $0.79; Service charge: $2.75 Outstanding checks: #911: $53.29; #912: $31.16; #913: $20.04; #920: $11.42; #923: $24.50; #925: $16.90; #930: $33.30; #932: $8.70; #933: $10.55. Unrecorded deposits ATM: 7/30: $183.52; 7/31: $69.40. Unrecorded ATM withdrawals: 7/30: $40.00; 7/31: $50.00 Bank Statement Reconcile Amount: Check Register Reconcile Amount:
