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Your Checkbook Balance Shows $706

Question 82

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Your checkbook balance shows $706.50.The bank statement shows $772.77.The bank paid $2.50 interest.Checks 1501 ($85),1507 ($50.16),1511 ($20.50)are not shown on the statement.A service charge of $5 was levied by the bank.You made an $85 deposit yesterday that is not on the statement.What is the reconciled balance? (Show all work.)

Correct Answer:

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The balance is off by $1.89. blured image ...

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