1answer.
Ask question
Login Signup
Ask question
All categories
  • English
  • Mathematics
  • Social Studies
  • Business
  • History
  • Health
  • Geography
  • Biology
  • Physics
  • Chemistry
  • Computers and Technology
  • Arts
  • World Languages
  • Spanish
  • French
  • German
  • Advanced Placement (AP)
  • SAT
  • Medicine
  • Law
  • Engineering
Talja [164]
3 years ago
6

Jim Lee received his bank statement from Bayne Bank indicating a balance of $7,980. Lee's checkbook showed a balance of $6,800.

Jim noticed that checks outstanding were $1,330. The bank statement also revealed an NSF check for $120 and a service charge of $30. The reconciled balance is:
Mathematics
1 answer:
bezimeni [28]3 years ago
5 0
<span>Given:
Bayne Bank indicating a balance of $7,980.
Lee's checkbook showed a balance of $6,800.
checks outstanding were $1,330.
NSF check for $120 and a service charge of $30. 

Bank balance:                     7,980
less: outstanding checks <u>   (1,330)</u>
Bank balance, end              6,650

Jim's checkbook balance:   6,800
less: NSF check      120
         service charge 30    <u>   (150)</u>
Jim's balance, end              6,650

The reconciled balance is: $6,650.

In reconciling the bank balance, we need to add the deposits in transit and deduct the outstanding checks. This are all transactions reflected in the book but not yet reflected in the bank account.

In reconciling the book balance, we need to add the credits made in the bank account and deduct the debits like service charges.</span>
You might be interested in
I need help quick!!!
babunello [35]
Are you needing help with the last box or what are u needing help with ?
5 0
3 years ago
When 0.3(4x – 8) – 0.5(–2.4x + 4) is simplified, what is the resulting expression?
andrew11 [14]

Answer:

2.4x - 4.4

Step-by-step explanation:

0.3(4x – 8) – 0.5(–2.4x + 4)

1.2x - 2.4 + 1.2x -2

2.4x - 4.4

8 0
3 years ago
What is the 9th term of the sequence? 3,-12,48,-192,
Inessa [10]

D, 196,608.

The sequence is multiplying by -4 every time.

3 0
3 years ago
Read 2 more answers
What is the height of a right triangle if its other two sides are 30 centimeters and 10 centimeters long?​
Mila [183]

Answer:

Step-by-step explanation:

It depends on whether the 30 cm side is the hypotenuse, or one of the legs.

If the 30 cm side is the hypotenuse, then the third side is √(30^2-10^2) = √800 = 20√2 cm

If the 30 cm side is one of the legs, then the hypotenuse is √(30^2+10^2) = √1,000 = 10√10 cm

7 0
2 years ago
ILL MARK U BRAINLIEST!!
dmitriy555 [2]

Answer:

Kidneys,nephrons

Step-by-step explanation:

6 0
3 years ago
Other questions:
  • In a certain Algebra 2 class of 30 students, 18 of them play basketball and 9 of them play baseball. There are 10 students who p
    7·2 answers
  • Determine the mean of the numbers 6, 17, 22, 28, and 37.
    10·1 answer
  • Which ordered pairs lie on the graph of the exponential function f(x)=2(x+4)−8f(x)=2(x+4)−8 ?
    15·2 answers
  • Cylinder A has a radius of 4 inches and a height of 2 inches. Cylinder B has a radius of 2 inches. What is the height of Cylinde
    6·1 answer
  • Help.It have answer choices​
    8·2 answers
  • A four-digit number N leaves a remainder of 10 when divided by 21, a remainder of 11 when divided by 23, and a remainder of 12 w
    15·1 answer
  • Por favor!! Es urgente doy corona plis La edad de Pedro es tres veces la edad de Jorge, la suma de ambas edades es 72 años. Hall
    7·1 answer
  • At Otto’s egg farm, Otto has found that when he charges $0.05 per egg, he sell so many eggs that he cannot keep up with the dema
    12·1 answer
  • A pretzel stand at the state fair sells 3 pretzels for $6.75, 6 for $13.50,
    12·2 answers
  • Write the linear function for the given function values.<br> f(-2)=9 and f(6)=7
    7·1 answer
Add answer
Login
Not registered? Fast signup
Signup
Login Signup
Ask question!