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The World Bank forecasted growth of world trade to be 11.60%, up from 19.10%. This change caused Galapagos islands Resort to analyze its current financial
The World Bank forecasted growth of world trade to be 11.60%, up from 19.10%. This change caused Galapagos islands Resort to analyze its current financial situation, beginning with reconclling its accounts. Galapagos islands Resort recelved its bank statement showing a balance of $10,281,70. Its checkbook balance is $15,773.00. Deposits in transit are $3,473.00 and $6,911,00. There is a service charge of $40.00 and interest earned of $12.70. Notes collected total $1,660.00. Outstanding checks are Number 1021 for $1,780.00 and Number 1022 for $1,480.00. 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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