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Aleonysh [2.5K]
3 years ago
12

Mia Wong's checking account had a balance of $3,100.55 on July 1. After looking at her bank statement, she noticed an NSF for $6

0.50, a service charge of $12.55, and a note collected for $600. There was one deposit in transit for $400 and no checks outstanding. What is the reconciled checkbook balance?
Business
1 answer:
MaRussiya [10]3 years ago
4 0
Given:
Checking account balance:  3,100.55
Add: note collected                      600
deduct:
NSF                      60.50
service charge: 12.55           <u>    (73.05)</u>
reconciled checkbook bal.    3,627.50

The deposit in transit for 400 was already included in the 3,100.55 balance. That is why it is not included in the reconciliation.
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Answer:

$56,900

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Cost allocation                                

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Workings.

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Maintenance department cost allocation

Total cost allocated = 147941

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