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Jamie Lee Jackson, age 2 6 , is in her last semester of college and is anxiously waiting for graduation day that is just around
Jamie Lee Jackson, age is in her last semester of college and is anxiously waiting for graduation day that is just
around the corner! She still works parttime as a bakery clerk, has been sticking to her budget the past two years, and is
on track to accumulating enough money for the $ down payment she needs to open her cupcake caf within the
next two years.
Jamie Lee is still single, shares a small apartment with a friend, and continues to split all of the associated living
expenses, such as rent and utilities, but unfortunately, through a turn of events, has had to seriously consider a place of
her own.
One evening, after returning to the apartment after a long shift at the bakery, Jamie learned that her roommate had a
couple of friends over earlier in the evening. As Jamie went to her room, she noticed that her top desk drawer had been
left open and her DebitATM card, as well as her checkbook and Social Security card, were missing. She immediately
contacted the authorities, and the police instructed her to notify her financial institution immediately. But it was late
Saturday night, and Jamie thought she had to now wait until Monday morning. Unfortunately, within no time, Jamie
found that her checking account had been emptied!
Jamie Lee's luck worsened, as she had paid many of her monthly bills late last week. Her automobile insurance, two
utility bills, and a layaway payment had all been paid for by check. Her bank almost immediately began sending
overdraft alerts through her smart phone for the emptied checking account.
Determine the balance in Jamie Lee's checkbook register below. Use this total along with the information from Jamie
Lee's monthly bank statement to reconcile her checkbook register with her bank statement. Each answer must have a
value for the assignment to be complete. Enter O for any unused categories. Checking Account Reconciliation
Statement date: September
Step : Subtract fees or other charges listed on your bank statement, along with ATM
withdrawals, debit card payments, and other automatic payments that are not yet reported
Step : Add any interest earned and direct deposits to your checkbook balance
Interest earned:
Direct deposits: Link Trust Bank
Jamie Lee Jackson
West Street, Apt. A
Somewhere, US Jamie Lee Jackson, age is in her last semester of college and is anxiously waiting for graduation day that is just around the corner! She still works parttime as a bakery clerk, has been sticking to her budget the past two years, and is on track to accumulating enough money for the $ down payment she needs to open her cupcake caf within the next two years.
Jamie Lee is still single, shares a small apartment with a friend, and continues to split all of the associated living expenses, such as rent and utilities, but unfortunately, through a turn of events, has had to seriously consider a place of her own.
One evening, after returning to the apartment after a long shift at the bakery, Jamie learned that her roommate had a couple of friends over earlier in the evening. As Jamie went to her room, she noticed that her top desk drawer had been left open and her DebitATM card, as well as her checkbook and Social Security card, were missing. She immediately contacted the authorities, and the police instructed her to notify her financial institution immediately. But it was late Saturday night, and Jamie thought she had to now wait until Monday morning. Unfortunately, within no time, Jamie found that her checking account had been emptied!
Jamie Lees luck worsened, as she had paid many of her monthly bills late last week. Her automobile insurance, two utility bills, and a layaway payment had all been paid for by check. Her bank almost immediately began sending overdraft alerts through her smart phone for the emptied checking account.
Determine the balance in Jamie Lees checkbook register below. Use this total along with the information from Jamie Lees monthly bank statement to reconcile her checkbook register with her bank statement. Each answer must have a value for the assignment to be complete. Enter for any unused categories.
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