Comparing Checking Account Balance: Based on the following information, determine the true balance in your checking account.

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Balance in your checkbook ......... $356

Balance on bank statement .......... $472

Service charge and other fees ........ $15

Interest earned on the account ........ $4

Total of outstanding checks ......... $187

Deposits in transit ............... $60

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Focus On Personal Finance

ISBN: 9780077861742

5th Edition

Authors: Jack R. Kapoor, Les R. Dlabay Professor, Robert J. Hughes, Melissa Hart

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Question Posted: Aug 26, 2013 06:48 AM

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Comparing Checking Account Balance: Based on the following information, determine the true balance in your checking account.

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Computation of the Bank Reconciliation Particulars Amount Balance in you...View the full answer

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