Answered step by step
Verified Expert Solution
Link Copied!

Question

1 Approved Answer

10. DETAILS BRECMBC9 4.11.001.MI. MY NOTES ASK YOUR TEACHER On April 3, Erin Gardner received her bank statement showing a balance of $2,086.93. Her checkbook

10. DETAILS BRECMBC9 4.11.001.MI. MY NOTES ASK YOUR TEACHER On April 3, Erin Gardner received her bank statement showing a balance of $2,086.93. Her checkbook showed a balance of $1.912.47 Outstanding checks were $234.15, 8317.00, 400.1 $132.42, and $212.67. The account eamed $22.43. Deposits in transit amount to $534.11, and there is a service charge of $9.00. Use the form below to calculate the reconciled balance CHECKBOOK BALANCE STATEMENT BALANCE Add: Interest Earned & Other Credits $ Add: Deposits in Transit $ SUBTOTAL SUBTOTAL S Deduct: Service Charges & Other Debits 5 ADJUSTED CHECKBOOK BALANCE Deduct: Outstanding Checks $ $ ADJUSTED STATEMENT BALANCE $ Need Help? NOTES ASK YOUR TEACHER On April 3, Erin Gardner received her bank statement showing a balance of $2,086.93. Her checkbook showed a balance of $1,912.47. Outstanding checks were $234.15, $317.80, $98.10, $132.42, and $212.67. The account earned $22.43. Deposits in transit amount to $834.11, and there is a service charge of $9.00. Use the form below to calculate the reconciled balance. CHECKBOOK BALANCE STATEMENT BALANCE $ Add: Interest Earned & Other Credits $ Add: Deposits in Transit 5 SUBTOTAL $ SUBTOTAL $ Deduct: Service Charges & Other Debits Deduct: Outstanding Checks $ ADJUSTED CHECKBOOK BALANCE ADJUSTED STATEMENT BALANCE $ Need Help? Plead 11 Master

Step by Step Solution

There are 3 Steps involved in it

Step: 1

blur-text-image

Get Instant Access to Expert-Tailored Solutions

See step-by-step solutions with expert insights and AI powered tools for academic success

Step: 2

blur-text-image

Step: 3

blur-text-image

Ace Your Homework with AI

Get the answers you need in no time with our AI-driven, step-by-step assistance

Get Started

Recommended Textbook for

More Books

Students also viewed these Accounting questions