Based on the following information, determine the true balance in your checking account. Balance in your checkbook Balance on bank statement Service charge and other fees $452 Balance on bank statement $631 Serbice charge and other fees 15 Interest earned on the account 6$ Total of outstanding checks 258$ Deposits in transit $70

Principles of Accounting Volume 1
19th Edition
ISBN:9781947172685
Author:OpenStax
Publisher:OpenStax
Chapter8: Fraud, Internal Controls, And Cash
Section: Chapter Questions
Problem 9EA: Using the following information, prepare a bank reconciliation. Bank balance: $4,587 Book balance:...
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Based on the following information, determine the true balance in your checking account. Balance in your checkbook Balance on bank statement Service charge and other fees $452 Balance on bank statement $631 Serbice charge and other fees 15 Interest earned on the account 6$ Total of outstanding checks 258$ Deposits in transit $70

 

 

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