Jarod Douglas Jones is a young professional just getting started in the world. He has been having some difficulty getting his checkbook IMAGE 1... to match his bank statement IMAGE 2.... 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. Question content area bottom

Part 1 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 Automatic payroll Deposit Service charge ................................................................................................$ enter your response here(Round to the nearest cent.) ATM deposit and fee ATM withdrawal and fee Auto insurance Branch deposit ...................................................................................$ enter your response here (Round to the nearest cent.) A Cut Above Hair Salon ATM deposit and fee Auto Insurance Big Al's All-U-Care-To-Eat ................................................................................$ enter your response here (Round to the nearest cent.)

Part 2 The adjusted balance of Jarod's check register is $ enter your response here. (Round to the nearest cent.)

Part 3 b. In Jarod's check register, the total deposits (or credits):(Select the best answer below.) A. is greater than the deposits (or credits) on the bank statement. B. is less than the deposits (or credits) on the bank statement. C. match the withdrawals, checks and debits. D. match the deposits (or credits) on the bank statement.

Part 4 c. List any deposits that have been made since the date of the statement.(Select from the drop-down menu.) ATM deposit and fee ATM withdrawal and fee Branch deposit No additional deposits .........................................................................................$ enter your response here (Round to the nearest cent.)

Part 5 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 1075 Check 1078 Check 1079 Check 1082 .........................................................................................................$ enter your response here (Round to the nearest cent.) Check 1076 Check 1080 Check 1083 Check 1087 ........................................................................................................$ enter your response here (Round to the nearest cent.) Check 1078 Check 1081 Check 1085 Check 1088 .........................................................................................................$ enter your response here (Round to the nearest cent.) Check 1077 Check 1080 Check 1084 Check 1086 ...........................................................................................................$ enter your response here(Round to the nearest cent.)

Part 6 e. The ending statement balance provided in the monthly statement that Jarod received from the bank is $ enter your response here. (Round to the nearest cent.)

Part 7 f. The total amount of deposits and credits Jarod has made since the statement date is $ enter your response here. (Round to the nearest cent.)

Part 8 g. The total of the ending statement balance and the deposits made since the statement date is $ enter your response here. (Round to the nearest cent.)

Part 9 h. The total amount of checks and debits outstanding is $ enter your response here. (Round to the nearest cent.)

Part 10 i. The adjusted statement balance is $ enter your response here. (Round to the nearest cent.)

Part 11 j. Comparing the adjusted statement balance with the adjusted balance of Jarod's check register, you find:(Select the best answer below.) A. the statement is under by $. B. the statement and checkbook now match exactly. C. the checkbook is over by $. D. the checkbook is under by $.

Part 12 k. Since the account balanced last month:(Select the best answer below.) A. there should be no outstanding checks from the past and all deposits have been included. B. there should be outstanding checks from the past and all deposits have been included. C. there should be no outstanding deposits from the past and all credits have been included. D. there should be no outstanding checks from the past but all deposits may not have been included.

Part 13 Upon review, you notice Jarod made some common mistakes:(Select all that apply.)

A. For check number 1081 he subtracted $20.50 rather than $50.20; resulting in a $30 overstatement.

B. For check number 1078 he transposed $320.20 for $302.20; resulting in an $18 understatement.

C. For check number 1076 he subtracted $59.75 rather than $69.75; resulting in a $10 overstatement.

D. For check number 1076 he subtracted $69.75 rather than $59.75; resulting in a $10 understatement.

E. For check number 1078 he transposed $302.20 for $320.20; resulting in an $18 overstatement.

F. For check number 1081 he subtracted $50.20 rather than $20.50; resulting in a $30 understatement.

Part 14 Making the appropriate correction for these mistakes results in a July 29 balance of $ enter your response here. (Round to the nearest cent.)