Mike Kent’s monthly bank statement balance was $1,418

answer the number 3. s tutor Transcribed Image Text: 3. Mike Kent’s monthly bank statement balance was $1,418. His
checkbook balance was $1,620. He noted the following checks
outstanding: #119 for $350 and #125 for $197. He noted a
deposit of S1,600 as not recorded by the bank. The bank had
charged him S17 for checks and $32 for a bad check he had
deposited. The bank had credited his account with an electronic
nk statement with a checkbook balance.
transfer for $900. Reconcile the bank and checkbook balances.
Checkbook balance:
S1,620
Add electronic transfer:
Subtotal
Less bank charges:
Adjusted checkbook balance:
Bank balance on statement:
S1418
Add unrecorded deposit:
Subtotal
Less outstanding checks: #119
#125
Adjusted bank balance
$1,103.87 3. $2,471
Answers: 1. $450.50; $275.41; $275.41; $650.41; $571.53 2. $367.98; $1,948.63; $1,098.63; $998.66; $891.
Chapter 9 Banking 155
Righes Reserved May met be coped, seanned, er daplicated, inwe or in part. Da to electrenie righes, some thind purty cotent my be ppremed from e ellok ndier Chaperis Copyrighted mater Transcribed Image Text: Resut 1 of 1 for MIke Kent’s monthily bank statement balance was $ 1,410
Clear search X
1.
Fill in the New Bal, and Bal. Fwd. on each check stub. Carry
Bal. Fwd. to the next stub.
#1
# 2
checking account.
Bal. Fwd. S100.00 Date 01/17
Bal. Fwd.
Date 01/22
Deposit 350.50 To AAA
Deposit 375.00 To CVS
New Bal.
New Bal,
This Ck 175.09 For Ins.
This Ck 78.88 For Misc
Bal. Fwd.
Bal. Fwd.
2. Fill in the cash balance for each date.
bank statement with a checkbook balance.
CHECK REGISTER
CHECK NUMBERI
CHECK TO-DEPOSIT INFORMATION
DEPOSIT AMOUNT
CHECK AMOUNT
BALANCE
$453.90
1
100
Albertsone
$85.92
12
Monthly Salary Check
$1,580.65
13
101
C. Dobbs-Rent
$850.00
14
102
TJ Max
99.97
15
103
Ace Hardware
$ 107.16
17
Income from Stocks
$212.37
3. Mike Kent’s monthly bank statement balance was $1,418. His
checkbook balance was $1,620. He noted the following checks
outstanding: #119 for $350 and #125 for $197. He noted a
deposit of S1,600 as not recorded by the bank. The bank had
bank statement with a checkbook balance,
charged him S17 for checks and $32 for a bad check he had
deposited. The bank had credited his account with an electronic
transfer for $900, Reconcile the bank and checkbook balances.
Checkbook balance:
S1,620
Add electronic transfer:
Subtotal
Less bank charges:
Adjusted checkbook balance:
Bank balance on statement:
$1,418
Add unrecorded deposit:
Subtotal
Less outstanding checks: #119,
#125
Adjusted bank balance
$1,103.87 3. $2,471
Answers: 1. $450.50; $275.41; $275.41; $650.41; $571.53 2. $367.98; $1,948.63; $1,098.63; $998.66; $891.50;
Chapter 9 Banking 155
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