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Jarod Douglas Jones is a young professional just getting started in the world. He has been having some difficulty getting his checkbook to match his
Jarod Douglas Jones is a young professional just getting started in the world. He has been having some difficulty getting his checkbook to match his bank statement Last month all he had to do was subtract the service charge from his checkbook register and the amounts matched. This month is different. He would like your help reconciling the problem. Help him find his mistake(s) and learn the procedures for balancing his checkbook each month. B. the statement and checkbook now match exactly C. the checkbook is over by $8.00. D. the statement is under by $16.00. k. Since the account balanced last month: (Select the best answer below.) OA. there should be no outstanding checks from the past but all deposits may not have been included. B. there should be no outstanding checks from the past and all deposits have been included. OC. there should be no outstanding deposits from the past and all credits have been included. OD. there should be outstanding checks from the past and all deposits have been included. Upon review, you notice Jarod made some common mistakes: (Select all that apply.) A. For check number 1078 he transposed $320.20 for $302. 20; resulting in an $18 understatement. B. For check number 1078 he transposed $302.20 for $320.20: resulting in an $18 overstatement. C. For check number 1076 he subtracted $69.75 rather than $59.75; resulting in a $10 understatement. D. For check number 1076 he subtracted $59.75 rather than $69.75; resulting in a $10 overstatement. E. For check number 1081 he subtracted $20.50 rather than $50.20; resulting in a $30 overstatement. F. For check number 1081 he subtracted $50.20 rather than $20.50; resulting in a $30 understatement. Making the appropriate correction for these mistakes results in a July 29 balance of $ (Round to the nearest cent.) Last month all he had to do was Jarod Douglas Jones is a young professional just getting started in the world. He has been having some difficulty getting his checkbook to match his bank statement. subtract the service charge from his checkbook register and the amounts matched. This month is different. He would like your help reconciling the problem. Help him find his mistake(s) and learn the procedures for balancing his checkbook each month. Check 1085 Check 1086 $47.25 (Round to the nearest cent.) $9.16 (Round to the nearest cont.) e. The ending statement balance provided in the monthly statement that Jarod received from the bank is $ (Round to the nearest cent.) f. The total amount of deposits and credits Jarod has made since the statement date is $ (Round to the nearest cent.) g. The total of the ending statement balance and the deposits made since the statement date is $ (Round to the nearest cent.) h. The total amount of checks and debits outstanding is $(Round to the nearest cent.) 1. The adjusted statement balance is $ (Round to the nearest cent.) J. Comparing the adjusted statement balance with the adjusted balance of Jarod's check register, you find: (Select the best answer below.) A. the checkbook is under by $8.00. OB. the statement and checkbook now match exactly. OC. the checkbook is over by $8.00. OD. the statement is under by $16.00. k. Since the account balanced last month: (Select the best answer below.) OA. there should be no outstanding checks from the past but all deposits may not have been included. OB. there should be no outstanding checks from the past and all deposits have been included. Jarod Douglas Jones is a young professional just getting started in the world. He has been having some difficulty getting his checkbook to match his bank statement Last month all he had to do was subtract the service charge from his checkbook register and the amounts matched. This month is different. He would like your help reconciling the problem. Help him find his mistake(s) and learn the procedures for balancing his checkbook each month. wwww a. Record in Jarod's check register all items that appear on the monthly statement received from the bank that have not been previously entered: (Select from the drop-down menu.) Auto insurance ATM deposit and fee $70.50 (Round to the nearest cent.) 2826.46 (Round to the nearest cent.) (Round to the nearest cent.) The adjusted balance of Jarod's check register is $(Round to the nearest cent.) b. In Jarod's check register, the total deposits (or credits): (Select the best answer below.) A. is less than the deposits (or credits) on the bank statement. B. is greater than the deposits (or credits) on the bank statement. C. match the deposits (or credits) on the bank statement. D. match the withdrawals, checks and debits. c. List any deposits that have been made since the date of the statement. (Select from the drop-down menu.) No additional deposits $0 (Round to the nearest cent.) d. List any checks and debits issued by Jarod that have not yet been reported on the bank statement (Select from the drop-down menu.) Check 1079 Check 1083 Check 1085 $37.87 (Round to the nearest cent.) 125 (Round to the nearest cent.) $47.25 (Round to the nearest cent.) Jarod Douglas Jones is a young professional just getting started in the world. He has been having some difficulty getting his checkbook to match his bank statement Last month all he had to do was subtract the service charge from his checkbook register and the amounts matched. This month is different. He would like your help reconciling the problem. Help him find his mistake(s) and learn the procedures for balancing his checkbook each month. wwww a. Record in Jarod's check register all items that appear on the monthly statement received from the bank that have not been previously entered: (Select from the drop-down menu.) Auto insurance ATM deposit and fee $70.50 (Round to the nearest cent.) 2826.46 (Round to the nearest cent.) (Round to the nearest cent.) The adjusted balance of Jarod's check register is $(Round to the nearest cent.) b. In Jarod's check register, the total deposits (or credits): (Select the best answer below.) A. is less than the deposits (or credits) on the bank statement. B. is greater than the deposits (or credits) on the bank statement. C. match the deposits (or credits) on the bank statement. D. match the withdrawals, checks and debits. c. List any deposits that have been made since the date of the statement. (Select from the drop-down menu.) No additional deposits $0 (Round to the nearest cent.) d. List any checks and debits issued by Jarod that have not yet been reported on the bank statement (Select from the drop-down menu.) Check 1079 Check 1083 Check 1085 $37.87 (Round to the nearest cent.) 125 (Round to the nearest cent.) $47.25 (Round to the nearest cent.) Data table Dib 14131 Balance Data table Summary Beginning balance 6/27 1106437 13000 $50.00 300 Total withdrawa P SUMAY UNIZ $22.74 5450 ATM fo 53.00 Ending balance 729 SW39 IM 28754 $100.00 ane 14139 30 Deposits and Electronic Credit 630 SL161.73 M 36173 2/23 $500.00 IM M withdrawals and Electron Deb M 7030 Dan Via-Check 1074 715 54520 M 13230 A ABU Care Toat 20 $30.00 ATM 7/10 $30.00 M SA UNI 3/18 12100 AIM 7/21 $50.00 Checks M 15-M M 1071 7/01 $30.00 MC 1200 200 1072 7/03 150.00 1073 $100.00 DeverCard 1074 7/06 See above 1075 7/00 $147.11 I Data table Dib 14131 Balance Data table Summary Beginning balance 6/27 1106437 13000 $50.00 300 Total withdrawa P SUMAY UNIZ $22.74 5450 ATM fo 53.00 Ending balance 729 SW39 IM 28754 $100.00 ane 14139 30 Deposits and Electronic Credit 630 SL161.73 M 36173 2/23 $500.00 IM M withdrawals and Electron Deb M 7030 Dan Via-Check 1074 715 54520 M 13230 A ABU Care Toat 20 $30.00 ATM 7/10 $30.00 M SA UNI 3/18 12100 AIM 7/21 $50.00 Checks M 15-M M 1071 7/01 $30.00 MC 1200 200 1072 7/03 150.00 1073 $100.00 DeverCard 1074 7/06 See above 1075 7/00 $147.11
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