Question
Carol Stokke receives her April 6 bank statement showing a balance of $1,089.25 her checkbook balance is $1,013.25. The bank statement shows an ATM charge
Carol Stokke receives her April 6 bank statement showing a balance of $1,089.25 her checkbook balance is $1,013.25. The bank statement shows an ATM charge of $26.30, NSF fee of $27.50, earned interest of $2.85, and Carols $783.65 refund check, which was processed by the IRS and deposited to her account. Carol has two checks that have not clearedNo. 115 for $531.35 and No. 116 for $248.50. There is also a deposit in transit for $1,436.55.
Prepare Carol's bank reconciliation.(Input all amounts as positive 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