Your checkbook balance shows $706.50. The bank statement shows $772.77. The bank paid $2.50 interest. Checks 1501 ($85.00), 1507 ($50.16), and 1511 ($20.50) are not shown on the statement. A service charge of $5.00 was levied by the bank. You made an $85.00 deposit yesterday that is not on the statement. What is the reconciled balance? (Show all work.)

Question

Quizplus · Accepted Answer

The Answer of Your checkbook balance shows $706.50. The bank statement shows $772.77. The bank paid $2.50 interest. Checks 1501 ($85.00), 1507 ($50.16), and 1511 ($20.50) are not shown on the statement. A service charge of $5.00 was levied by the bank. You made an $85.00 deposit yesterday that is not on the statement. What is the reconciled balance? (Show all work.)

Your Checkbook Balance Shows $706