Islands Resort to analyze its current fnancial stuation The World Bank forecasts

Question

Islands Resort to analyze its current fnancial stuation The World Bank forecasts growth of world trade to be 11 40%, up from 20 60% in 2014 This change has caused Ga beginning with reconciling as accounts Galapagos Islands Resort received its bank statement showing a balance of $9,083 80. its checkbook balance is $15,41500 Deposits in transt are $4,136 00 and $6,763 00 There is a service charge of $62.00 and interest earned of $8.80 Notes collected total $2.053 00 Outstanding checks are No. 1021 for $1,837 00 and No 1022 for $731.00 All numbers are in U.S dollars Prepare Galapagos islands Resort bank reconcililation (Input all amounts as positive values. Round your answers to 2 decimal places.) Add Add Click to select) (Cick to select) Deduct

Explanation / Answer

Bank Reconciliation Statement Checkbook balance 15415 Bank Balance 9083.8 Add: Add: Interest earned 8.8 Deposits in transits 10899 Notes collected 2053 Less: Less: Sservice charges -62 Oustanding checks -2568 Reconciled balance 17414.78 Reconciled balance 17414.8

Related Questions

Navigate

• Browse (All)
• Browse I
• Subjects

---

---

Integrity-first tutoring: explanations and feedback only — we do not complete graded work. Learn more.