Given the information here, what should Jason's adjusted bank balance for his bank reconciliation be? • Bank balance: $\quad\quad \$ 300$
* Outstanding checks: $\$129$
* Deposit in transit:$\quad \$50$
* ATM Fees: $\quad\quad\quad \$ 26$
* Interest earned: $\quad\quad \$ 5$
* Checkbook balance: $\$ 242$

Question

Quizplus · Accepted Answer

Jason's adjusted bank balance should be $221. This is calculated by adding the outstanding checks and ATM fees to the bank balance, and then subtracting the deposit in transit and interest earned.

Given the Information Here, What Should Jason's Adjusted Bank Balance $300\quad\quad \$ 300$300

Given the Information Here, What Should Jason's Adjusted Bank Balance $\quad\quad \$ 300$