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The World Bank forecasted growth of world trade to be 6.25% , up from 15.60% . This change caused Galapagos Islands Resort to analyze its

The World Bank forecasted growth of world trade to be

6.25%

, up from

15.60%

. This change caused Galapagos Islands Resort to analyze its current financial situation, beginning with reconciling its accounts. Galapagos Islands Resort received its bank statemen showing a balance of

$10,71240

. Its checkbook balance is

$16,137.00

. Deposits in transit are

$3,578.00

and

$6,742.00

. There is a service charge of

$33.00

and interest earned of

$3.40

. Notes collected total

$1,859.00

. Outstanding checks are Number 1021 for

$1,989.00

and Number 1022 for

$1,077.00

. All numbers are in U.S. dollars.\ Prepare Galapagos Islands Resort bank reconciliation\ Note: Input all amounts as positive values. Round your answers to 2 decimal places.\ \\\\table[[BANK RECONCIIIATION],[Galapagos Islands Resort checkbook balance,,Bank balance,,],[Add,,Add,,],[,,,,],[Deposits in transit (total),,,,],[Subtotal,,Subtotal,,],[Deduct,,Deduct,,],[,,,,],[,,,,],[Reconciled balance,,Reconciled balance,,]]

image text in transcribed
The World Bank forecasted growth of world trade to be 6.25%, up from 15.60%. This change caused Galapagos Islands Resort to analyze its current financial situation, beginning with reconciling its accounts. Galapagos Islands Resort received its bank statemen showing a balance of $10,71240. Its checkbook balance is $16,137.00. Deposits in transit are $3,578.00 and $6,742.00. There is a service charge of $33.00 and interest earned of $3.40. Notes collected total $1,859.00. Outstanding checks are Number 1021 for $1,989.00 and Number 1022 for $1,077.00. All numbers are in U.S. dollars. Prepare Galapagos Islands Resort bank reconciliation Note: Input all amounts as positive values. Round your answers to 2 decimal places

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