Question
1. Roshida Cowling shows a $1,181.11 checkbook balance. The bank statement shows a $2,111.46 balance and a $10.00 service charge. Outstanding checks total $940.35. What
1. Roshida Cowling shows a $1,181.11 checkbook balance. The bank statement shows a $2,111.46 balance and a $10.00 service charge. Outstanding checks total $940.35. What is Roshida's adjusted checkbook balance? Does it balance with the bank statement.
2. Julie March has a checkbook balance of $565.67. She has not recorded these checks: Check 123 for $23.34, Check 124 for $45.88, and Check 125 for $76.05. Julie also needs to record a deposit of $125. What is her checkbook balance now?
3. Penny Schwartz has a balance of $2668.77 in her checkbook. The bank collected notes totaling $235.11 and charged her a $25.00 service charge. There were no outstanding checks or deposits. What should her reconciled checkbook balance be?
4. On December 31, the checkbook balance of Huffman Company was $45,980.65. The bank statement showed $78,452.10. Checks outstanding totaled $12,878.03. The statement revealed an unrecorded deposit in Huffman's checking account of $19,617.27 as well as a service charge of $23.85. What is the bank statement balance after the checks are included?
5. Tito Bates' bank statement showed a balance of $965.51. He had the following outstanding checks: Check 556 for $23.09, Check 559 for $86.44, Check 560 for $1.25, and Check 561 for $161.59. The bank collected a $45 note and charges a $13.50 service fee. Tito's balance in his checkbook was $661.64. What was the checkbook balance after reconciliation?
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