5-6 Determine the new balance 5 6 Your balance was $89.75 on May 23. Your May 30 deposit was $156.90. On June 1, you wrote a $34.79 check and withdrew $50.00 from an ATM. On April 4, your balance was $131.02. You wrote a check for $31.28 on April 9 and one for $45.92 on April 14. You deposited your $215.48 pay- check on April 15. 5 5
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- On December 15, you received your bank statement showing a balance of $2,275.34. Your checkbook shows a balance of $2,437.40. Outstanding checks are $225.50 and $356.10. The account earned $77.55. Deposits in transit amount to $805.21, and there is a service charge of $16.00. Calculate the reconciled balance. O $162.06 O $2,051.73 O $2,375.85 O $2,498.95On May 27, you received your bank statement showing a balance of $1,026.34. Your checkbook shows a balance of $1,056.29. Outstanding checks are $245.50 and $377.20. The account earned $62.59. Deposits in transit amount to $705.24, and there is a service charge of $10.00. Calculate the reconciled balance. $29.95 $943.80 O $1,003.70 O $1,108.88On December 10, you receive your bank statement showing a balance of $2,981.97. Your checkbook shows a balance of $2,782.86. Outstanding checks are $387.86 and $175.56. The account earned $122.85. Deposits in transit amount to $479.16, and there is a service charge of $8.00. Calculate the reconciled balance. O $199.11 $2,668.01 $2,897.71 O $4,024.55
- On December 10, you receive your bank statement showing a balance of $2,984.04. Your checkbook shows a balance of $2,775.93. Outstanding checks are $384.81 and $179.56. The account earned $127.88. Deposits in transit amount to $478.14, and there is a service charge of $6.00. Calculate the reconciled balance. a) $208.11 b) $2,654.05 c) $2,897.81 d) $4,026.55On December 15, you recieved your bank statement showing a balance of $2270.32. Your checkbook shows a balance of $2433.33. Outstanding checks are $225.50 and $356.20. The account earned $77.52. Deposits in transit amount to $805.23, and there is a service charge of $17.00. Calculate the reconciled balance. options are: a. 163.01 b. 2046.79 c. 2372.81 d. 2493.8517. Find the ending balance if the original balance was $425.32 and the followingtransactions occurred over the space of a week: wrote a check, $16;paycheck deposit, $235.21; check deposit, $30; ATM, $20; wrote a check,$63.45; deposit, $30; maintenance fee, $11; interest, $0.32.A. $609.76B. $610.40C. $650.08D. $649.76
- 3. Your checkbook balance was $492.16 on September 3. Use the check register below to record the following transactions: On 9/5, check # 442 for $102.06, payable to Lenny's Deli; on 9/6, check # 443 for $228.00, payable to Merchant's Bank; on 9/10, a deposit of $350.00; on 9/12, check #444 for $35.79, payable to Home Pharmacy. Trans Type Date Description of Transaction Payment / Debit ✓ Deposit / Credit (+) or Check # (-) Balance Brought Forward BalanceOn November 3, Micah Asuncion received from the bank her bank statement for the month of October. She compared her checkbook to the bank statement and discovered the following: Prepare a bank reconciliation. CHECKBOOK Balance P333,203.50 Balance P369,725.56 Deposits: Deposits: 10/3 P59,600.00 10/3 P59,600.00 10/10 P53,740.00 10/10 P53,700.00 10/26 P27,610.00 10/16 P46,030.00 10/31 P30,260.00 10/26 P27,610.00 Check Issued and Recorded: Checks Cancelled: No.3 P14,435.00 No.5 P38,206.00 No.5 P38,026.00 No.16 P17,300.00 No.16…6. A portion of your bank statement is shown. Your previous balance was $228.73. What is your present balance Date Checks and Other Charges Number 13-Oct 18-Oct 143 27-Oct 144 31-Oct ATM AT-Phone Service Charge >>> Amount $43.60 112.76 10.64 50.00 5.14 Date Deposits and Credits Amount $146.90 188.42 135.65 5-Oct 12-Oct 19-Oct [ATM] Present Balance
- On October 1, Jessica Clay received her bank statement showing a balance of $374.52.Her checkbook records indicate a balance of $338.97. There was a service charge for themonth of $4.40 on the statement. The outstanding checks were for $47.10, $110.15, $19.80,and $64.10. The deposits in transit totaled $125.50. There was a $75.70 debit for automaticpayment of her telephone bill. Use the following form to reconcile Jessica's checking account.Debits Checks OutstandingAmount AmountSvc. Chg.Total TotalCHECKBOOK BALANCE STATEMENT BALANCEAdd: Interest & Other Credits Add: Deposits in TransitSUB TOTAL SUB TOTALDeduct: Service Charges & Other Debits Deduct: Outstanding ChecksADJUSTED CHECK BOOK BALANCE ADJUSTED STATEMENT BALANCEUse the information from the attached image to answer questions 10 – 14. This is Mason's monthly bank statement and check register. What is the ending balance on the statement? Answers A. $1,352.61 B. $1,257.23 C. $1,241.66 D. $747.61 Question11. What is the total of the outstanding deposits? Answers A. $20 B. $625 C. $605 D. $8 Question12. What is the total of the outstanding withdrawals? Answers A. $130.95 B. $87.38 C. $8.00 D. $43.57 Question13. What is the revised statement balance? Answers A. $1,241.66 B. $1,277.23 C. $1,233.66 D. $1,352.61 Question14. What is the revised balance of the check register? Answers A. $1,198.09 B. $1,257.23 C. $1,233.66 D. $1,291.66On the bank stub held by a checking account bank client, write the beginning balance of $100.00 and the deposits and checks drawn. Extract the ending balance. Withdrawals Check No. Deposits Date Particulars Balance 2011 Sept. 5 Drawn check no. 56 for $30,000 for payable to SMI Corp. for payment of invoice 45. Sept. 8 Issued check no. 57 to Mariano Co. for advances for travel expense. The amount received is $16,000. Received payment from customer Ely Tan for $34,000 for merchandise sold to him. Issued OR 312. Sept. 10 Sept. 15 Sept. 27 Sept. 29 The bank used a debit memo $800 for cost of blank check book. Payment to the BIIR for withholding taxes was $22,000. Check No. 58. Received from Marina Carlos $4,000 OR 313.