Question

Ben luna received his bank statement with a $27.04 fee for a bounced check. he has an $815.75 monthly mortgage payment paid through his bank. There was also a $3.00 teller fee and a check printing fee of $3.00. His ATM card fee was $6.40. There was also a $530.50 deposit in transit. The bank shows a balance of $119.17. The bank paid ben $1.23 in interest. Ben checkbook shows a balance of $1,395.28. Check no.234 for $80.30 and check no 235 for $28.55 were outstanding. prepare bens bank reconciliation?

Answer 1

Answer:

Step-by-step explanation:

Ben's checkbook balance : $1,395.28 Bank's balance: $119.17

Credited (add)                                                  credited (add)

Interest :                                       $1.23         Deposit       :$530.50

                                               $1,396.51                              $649.67

Debited (deduct)                                          Debited (deduct)

fee for bounced check : $27.04                  Outstanding checks

Monthly mortgage       : $815.75               Check No 234:  $80.30

teller fee                       :    $3.00               Check No 235:   $28.55

check printing fee       :     $3.00                  

ATM card fee               :     $6.40                                                      

                                                     $855.19                          $108.85

Balance                        :                  $541.32                      $540.82

Reconcile balance of check book and bank statement.