Question

You received your monthly bank statement and you are reconciling your account balance using the information below. What is the true balance of your checking account? Check Register Balance $314.97 Bank Statement Balance $423.68 Outstanding Checks $123.71 Service Charge $15.00

Answer 1

Answer:

it was 345.

Step-by-step explanation:

Balance in your checkbook, $356

Balance on bank statement, $472

Service charge and other fees, $15

Interest earned on the account, $4

Total of outstanding checks, $187

Deposits in transit, $60