Loretta's bank statement shows a balance of $2,381.10. There are two outstanding deposits of $550 and $280. The statement showed a charge for $22 for new checks and an interest payment of $6.45. The outstanding checks were: Check 672 for $25.00, Check 675 for $45.76, Check 677 for $23.94, and Check 678 for $145.90. If Loretta's checkbook balance shows $2,929.95, what correction should she make?
A) Adjust down $15.55
B) Adjust down $40.55
C) Adjust up $15.55
D) Adjust up $40.55
Correct Answer:
Verified
Q2: Yolanda has a $1,727.20 checkbook balance. Her
Q3: It is important to keep an accurate
Q4: Kathy has a checkbook balance of $579.35.
Q5: Gretchen has a checkbook balance of $1,058.30.
Q6: Annie Hamilton's bank statement showed a balance
Q7: What item is not found on a
Q8: Clarence received his bank statement showing a
Q9: Mr. Jackson's bank statement shows a balance
Q10: What amount is missing from the
Q11: The PIN number for a debit card
Unlock this Answer For Free Now!
View this answer and more for free by performing one of the following actions
Scan the QR code to install the App and get 2 free unlocks
Unlock quizzes for free by uploading documents