0
If your bank statement shows a balance of 56.75 but your checkbook shows a balance of 87.37 and you have written uncleared checks for 5.00 and 13.25 How much have you deposited?
Wiki User
∙ 14y ago
Since your last statement was $ 56.75 and you wrote checks of $ 18.25 (5.00 + 13.25), your account would have reduced to $ 38.40 without any deposits. So in order to have a checkbook balance of $ 87.37, you would have had to deposit (87.37 - 38.40) or $ 48.87 into the account.
---
The procedure for balancing your checkbook is to take the statement balance, add any deposits not listed on the statement, and subtract any checks not listed. In this case :
56.75 + 48.87 - 5.00 - 13.25 would give the 87.37 figure shown in the checkbook.
Wiki User
∙ 14y ago
Add your answer:
Earn +20 pts
Suppose the company adopts a policy of writing checks on a remote bank How is this likely to affect the three measures of cash balance?
Current balance in checkbook register 766.34 uncleared checks 19.00 cash withdrawal not yet posted on statement the adjusted balance is how much?
What is it called to make you checkbook balance agree with your bank statement balance?
It's called "balancing" your checkbook.
The process of analyzing the different between the bank statement balance and the checkbook balance is?
Bank reconciliation
What is the process of analyzing the differences between the bank statement balance and the checkbook balance is?
The process is bank reconciliation.
What is bank recollection?
A bank recollection is a document used to show uncleared items. Basically, it will show you what payments you have deposited or used but have not applied to your balance yet.
Suppose the company adopts a policy of writing checks on a remote bank How is this likely to affect the three measures of cash balance?
Current balance in checkbook register 766.34 uncleared checks 19.00 cash withdrawal not yet posted on statement the adjusted balance is how much?
What is it called to make you checkbook balance agree with your bank statement balance?
It's called "balancing" your checkbook.
The current balance in checkbook register 766.34 uncleared checks 19.00 cash withdrawal not yet posted on the statement 200 the adjusted balance is now?
You start with a balance of 766.34 and are subtracting the 19.00 for the check and subtracting the 200.00 for the cash withdrawal or 766.34 - 200 - 19 = 547.34.
The process of analyzing the different between the bank statement balance and the checkbook balance is?
Bank reconciliation
What is the process of analyzing the differences between the bank statement balance and the checkbook balance is?
The process is bank reconciliation.
When To make your checkbook balance agree with the bank statement balance?
You should balance your checkbook whenever you receive your monthly bank statement. It's usually on or around the same date each month. However, you can also track your bank balance against your checkbook balance much more often using online banking or other automated sources (ATM, bank by phone, etc).
What is bank recollection?
A bank recollection is a document used to show uncleared items. Basically, it will show you what payments you have deposited or used but have not applied to your balance yet.
Checkbook Balancer?
Checkbook Balancer Let us help you balance your checkbook. First tell us the ending balance on your statement, then enter all of your outstanding checks and deposits. If your checkbook register matches our calculated amount, your checkbook is balanced! If not, you may need to verify that all of your withdrawals and deposits are correct and accounted for.
Redo the bank statement reconciliation problem presented in Now ou Try It?
Redo the bankstatement reconciliation problem presented in Now you try it #22 on page 152. this time, use all of the same numbers except for the following 3 changes: current balance in checkbook register-$766.34 uncleared checks -$19.00 cash withdrawal not yet posted on the statement-- $200 The adjusted balance is now :
What items do you subtract when doing a bank statement reconciliation?
Reconciling a checking account balance as shown on your statement to that shown in your check register, you should subtract any uncleared checks, as they cannot have been used to compute the balance.
If you have an ending balance on the bank statement of 569.72 outstanding deposits of 25.50 and no outstanding checks what balance should show in your checkbook?
You have 595.22 in your account.
Carlos Martin received a statement from his bank showing a balance of 56.75 as of March 15th His checkbook sHow is a balance of 87.37 as of March 20 The bank returned all the cancelled checks but two?
Carlos Martin received a statement from his bank showing a balance of $56.75 as of March 15th. His checkbook shows a balance of $87.37 as of March 20. The bank returned all the cancelled checks but two. One check was for $5.00 and the other was for $13.25. How much did Carlos deposit in his account between the March 15 and the March 20 he deposited $48.87
