Ben Luna received his bank statement with a $27.04 fee for a bounced-check (NSF). He has...
Fantastic news! We've Found the answer you've been seeking!
Question:
![image text in transcribed](https://s3.amazonaws.com/si.experts.images/answers/2024/05/66561c6780e02_39966561c67799b5.jpg)
Transcribed Image Text:
Ben Luna received his bank statement with a $27.04 fee for a bounced-check (NSF). He has an $815.75 monthly mortgage paym paid through his bank. There was also a $3.00 teller fee and a check printing fee of $3.50. His ATM card fee was $6.40. There w also a $530.50 deposit in transit. The bank shows a balance of $119.17. The bank paid Ben $1.23 in interest. Ben's checkbook sh a balance of $1,395.28. Check No. 234 for $80.30 and check No. 235 for $28.55 were outstanding. Prepare Ben's bank reconciliation. (Input all amounts as positive values. Round your answers to 2 decimal places.) Ben's checkbook balance Add: Subtotal Deduct: Subtotal BANK RECONCILIATION Bank balance Add: Subtotal Deduct: Reconciled balance Reconciled balance Ben Luna received his bank statement with a $27.04 fee for a bounced-check (NSF). He has an $815.75 monthly mortgage paym paid through his bank. There was also a $3.00 teller fee and a check printing fee of $3.50. His ATM card fee was $6.40. There w also a $530.50 deposit in transit. The bank shows a balance of $119.17. The bank paid Ben $1.23 in interest. Ben's checkbook sh a balance of $1,395.28. Check No. 234 for $80.30 and check No. 235 for $28.55 were outstanding. Prepare Ben's bank reconciliation. (Input all amounts as positive values. Round your answers to 2 decimal places.) Ben's checkbook balance Add: Subtotal Deduct: Subtotal BANK RECONCILIATION Bank balance Add: Subtotal Deduct: Reconciled balance Reconciled balance
Expert Answer:
Posted Date:
Students also viewed these accounting questions
-
Racine Company signed a lease for an office building for a period of 10 years. Under the lease agreement, a security deposit of $10,000 is made. The deposit will be returned at the expiration of the...
-
The leading causes of death in low-income countries are listed in the table. Compare them with the leading causes of death in the United States given earlier in the chapter. Leading Causes of Death...
-
Does having a smartphone increase the propensity to review health ratings on the Internet? Using the PewHealth data, run a regression with the Review Index as the dependent variable and the recoded...
-
Using information regarding industry advertising-to-sales ratios (see company.news-record.com/advertising/advertising/ratio.html), recommend percentages of sales that advertisers in the following...
-
Instructions: All answers must be typed in and workings must be shown QUESTION 3 3.1 REQUIRED Use the information provided below to complete the following table using the weighted average cost...
-
Ferris Wheels A neighborhood carnival has a Ferris wheel with a radius of 30 feet. You measure the time it takes for one revolution to be 70 seconds. What is the linear speed (in feet per second) of...
-
At March 31, account balances after adjustments for Vizzini Cinema are as follows: Account Balances Accounts Cash Supplies Equipment (After Adjustment) $11,000 4,000 50,000 Accumulated...
-
2. "A student holds a thin aluminum pie pan horizontally 2 m above the ground and releases it. Using a motion detector, she obtains the graph shown in Figure P3.12. Based on her measurements, (a)...
-
Mark has two sticks, 25 inches, and 20 inches. If he places them end-to-end perpendicularly, what two acute angles would be formed when he added the hypotenuse?
-
A wedding website states that the average cost of a wedding is $29,205. One concerned bride hopes that the average is less than reported. To see if her hope is correct, she surveys 36 recently...
-
2. (10 pts each) Use partial fractions decomposition and the tables to find the inverse z- transform of each of the following: a. X(z)= 6z-z z3-4z2-z+4 4z2 b. G(z)=- (z-1) (z-0.5) 3z +1 c. X(z) =...
-
General Mills, the makers of Betty Crocker baking mixes and cereals such as Cheerios, had a contract with the local grocery store, FoodMart, where FoodMart would purchase boxes of cereal and various...
-
The town of Dinsmore passed a bill requiring that all homes be connected to the town sewer system. Baskin Ridge is the only section of town that does not have town sewers. Dinsmore will finance the...
-
Figure 1.8 provides a bar chart showing the amount of federal spending for the years 2002 to 2008 (USA Today, February 5, 2008). a. What is the variable of interest? b. Are the data categorical or...
-
CSM Worldwide forecasts global production for all automobile manufacturers. The following CSM data show the forecast of global auto production for General Motors, Ford, DaimlerChrysler, and Toyota...
![Mobile App Logo](https://dsd5zvtm8ll6.cloudfront.net/includes/images/mobile/finalLogo.png)
Study smarter with the SolutionInn App