Jamie Lee Jackson, age 26, is in her last semester of college and is anxiously waiting for graduation day that is just around the corner. She still works part-time as a bakery clerk, has been sticking to her budget the past two years, and is on track to accumulating enough money for the $9,500 down payment she needs to open her cupcake caf within the next two years. Jamie Lee is stili single, shares a small apartment with a frlend, and continues to split all of the assoclated living expenses, such as rent and utilities, but unfortunately, through a tum 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 earller in the evening. As Jamle went to her room, she noticed that her top desk drawer had been left open and her Debit/ATM 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 Jamle 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 utiity 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 "0" for any unused categories. tep 1: Subtract total of outstanding checks (checks that you have writton but lat have not yet cleared in the banking system) Iotal: Step 2: Add deposits in transit (deposits you have made but that have not yet been reported on this statement) Jamie Lee Jackson, age 26, is in her last semester of college and is anxiously waiting for graduation day that is just around the corner. She still works part-time as a bakery clerk, has been sticking to her budget the past two years, and is on track to accumulating enough money for the $9,500 down payment she needs to open her cupcake caf within the next two years. Jamie Lee is stili single, shares a small apartment with a frlend, and continues to split all of the assoclated living expenses, such as rent and utilities, but unfortunately, through a tum 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 earller in the evening. As Jamle went to her room, she noticed that her top desk drawer had been left open and her Debit/ATM 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 Jamle 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 utiity 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 "0" for any unused categories. tep 1: Subtract total of outstanding checks (checks that you have writton but lat have not yet cleared in the banking system) Iotal: Step 2: Add deposits in transit (deposits you have made but that have not yet been reported on this statement)
