Question

Jill Gracie's current checkbook balance is $8,900.15. She opened up the bank statement and saw the bank's balance at $7,000.10. After reviewing her records with the bank statement, she discovered a deposit on July 1 not recorded on the statement for $9,821.55. A check written for $7,986.05 had not been returned by the bank. This month the company earned interest of $33.10. The bank charged the company $48.10 for printing new checks. Jill also discovered that a check written for $49.55 was not recorded in the check stubs. The reconciled balance is:

Answer 1

Answer:

The reconciled balance is:

Explanation:

Cash  8900,15

 

Books  

Cash receipts pending on bank  -9821,55

Checks written                           7986,05

Checks written not recorded       -49,55

 

Banks  

Bank service fee                                   -48,1

Interest earned                                    33,1

 

Bank conciliation                               7000,1

Bank account                                      7000,1