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Assume that the following information relates to your most recent bank statement dated September 30. Balance per bank statement at September 30 $3,400 Checks written
Assume that the following information relates to your most recent bank statement dated September 30. Balance per bank statement at September 30 $3,400 Checks written that had not cleared the bank as of September 30. #203 University tuition $2,300 #205 University bookstore 350 #208 Rocco's Pizza 30 #210 Stereo purchase 500 #211 October apartment rent 800 Interest amounting to $4 was credited to your account by the bank in September. The bank's service charge for the month was $5. In addition to your bank statement, you received a letter from your parents informing you that they had made a $2,400 electronic funds transfer directly into your account on October 2. After reading your parents' letter, you looked in your checkbook and discovered its balance was $(579). Adding your parents' deposit brought that total to $1,821. Prepare a bank reconciliation to determine your correct checking account balance. Balance per bank statement at September 30 _ Deduct outstanding checks: _ Adjusted cash balance Balance per your checkbook (including $2,400 deposit) Adjusted cash balance
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