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Assume that your cousin just received an account statement from the bank. The statement shows a balance of $760. Your cousin's check register shows a
Assume that your cousin just received an account statement from the bank. The statement shows a balance of $760. Your cousin's check register shows a balance of $600. Use the Checking Account Reconciliation form that follows to determine the dollar value of all outstanding checks. Use the following information in your calculations: The monthly service charge was $15. b. Interest earned was $6. No deposits were made. a. C. Checking Account Reconciliation Checkbook balance $ Less: Service charges Plus: Interest earned Plus: Deposits Net balance Balance from bank statement Plus: Deposits not shown on statement Less: Checks outstanding Reconciled balance (this should match checkbook balance) $
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