Answered step by step
Verified Expert Solution
Question
1 Approved Answer
Ben Luna recelved his bank statement with a $28.65 fee for a bounced-check (NSF). He has an $917.20 monthly mortgage payment paid through his bank.
Ben Luna recelved his bank statement with a $28.65 fee for a bounced-check (NSF). He has an $917.20 monthly mortgage payment paid through his bank. There was also a $4.15 teller fee and a check printing fee of $6.80. His ATM card fee was $6.50. There was also a $617.55 deposit in transit. The bank shows a balance of $80.45. The bank paid Ben $1.55 in interest. Ben's checkbook shows a balance of $1,498.00. Check Number 234 for $119.75 and check Number 235 for $42.00 were outstanding. Prepare Ben's bank reconciliation. Note: Input all amounts as positlve values. Round your answers to 2 decimal places
Step by Step Solution
There are 3 Steps involved in it
Step: 1
Get Instant Access to Expert-Tailored Solutions
See step-by-step solutions with expert insights and AI powered tools for academic success
Step: 2
Step: 3
Ace Your Homework with AI
Get the answers you need in no time with our AI-driven, step-by-step assistance
Get Started