Question

Kameron Gibson’s bank statement showed a balance of $1,020.35. Kameron’s checkbook had a balance of $282.10. Check No. 104 for $150.70 and check No. 105 for $16.35 were outstanding. A $666.60 deposit was not on the statement. He has his payroll check electronically deposited to his checking account—the payroll check was for $1,260.90. There was also a $10.70 teller fee and an $12.40 service charge. Prepare Kameron Gibson’s bank reconciliation. (Input all amounts as positive values. Round your answers to 2 decimal places.)

Answer 1

Answer:

Prepare Kameron Gibson’s bank reconciliation.

Cash  282,1

 

Books  

Payroll Check       1260,9

Checks written  150,7

Checks written  16,35

Deposit not in stat. -666,6

 

Banks  

Bank service fee  -12,4

NSF Check         -10,7

 

Bank conciliation  1020,35

Bank account                 1020,35

Explanation:

Cash  282,1

 

Books  

Payroll Check       1260,9

Checks written  150,7

Checks written  16,35

Deposit not in stat. -666,6

 

Banks  

Bank service fee  -12,4

NSF Check         -10,7

 

Bank conciliation  1020,35

Bank account                 1020,35