Question
Given the information below, show that the adjusted bank balance is equal to the adjusted checkbook balance : Balance from bank statement $5,835.35 Checks Outstanding
Given the information below, show that the adjusted bank balance is equal to the adjusted checkbook balance:
Balance from bank statement | $5,835.35 |
Checks Outstanding | $152.75 |
| $88.18 |
| $114.03 |
| $41.10 |
Deposits not yet recorded | $1,052.05 |
| $82.81 |
| $892.29 |
Bank charge | $8.50 |
Interest credit | $10.18 |
Checkbook balance | $7,464.76 |
(1)Enter new balance from bank statement: |
(2)List any deposits made by you and not yet recorded by the bank: |
|
(3)Add all numbers from lines above. Total: |
(4)Write total of checks outstanding: |
(5) Subtract (4) from (3). Adjusted Bank Balance: |
(6) List your checkbook balance: |
(7) Write the total of any fees or charges deducted by the bank and Not yet subtracted by you from your checkbook: |
(8) Subtract line (7) from line (6) |
(9) Enter interest credit: (Add to your checkbook) |
(10) Add line (9) to line (8). Adjusted Checkbook Balance: |
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