MA 1015 Assignment2 - Complete the following 2 exercises 1...

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Unformatted text preview: Complete the following 2 exercises 1. Prepare a bank deposit detail for a $2,138.00 deposit. Use the information in questions A-D. Record your answers to the deposit slip provided. NOTE: The bank deposit slip is setup for you to manually type the necessary information to successfully complete the assignment. A. Cash receipts total $646.68; $2.68 was in coins. B. Check payments were # 2387 for $67.00 from Sue Patrick and # 460 for $50.00 from Ronald Rodriguez. C. Credit card payments were $25.00 and $67.00. Pam Adkins paid the $25.00 payment, and Brad Wilson paid the $67.00 payment. D. AnBANK insurance payment for Alejandro Sanchez arrived in the amount of NUMBER BY CHECK OR BY COIN OR CURRENCY CREDIT CARD ITEMS OUTSTANDING ENTER PMO $1374.32. The payment from Aetna and was check #shown 309. TheYOU NEW BALANCE on ACCOUNT THIS WORKSHEET PROVIDED TO HELP BALANCE YOUR NUMBER AMOUNTISwas 5648 5649 5650 TOTAL $356 Aetna #309 $46 @2387 Sue Patrick $1770 #460 Ron Rodriguez Pam Adkins Brad Wilson TOTALS CURRENCY COIN CHECKS CREDIT CARDS $2172 TOTAL RECEIPTS LESS CREDIT CARD $ TOTAL DEPOSITS DEPOSIT DATE: 4/27/2015 $1374 $67 50 32 00 00 00 90 00 $646 68 this statement $6792.79 ADD DETAIL BANK DEPOSIT Any deposits listed in your register or transfer 25 00 PAYMENT Into your account which are not shown on this 67 00 $ $ $ + $__0_ Statement. CALCULATE THE SUBTOTAL__0______ $644.00 90 $ SUBTRACT $2.68 checks and withdrawals from the chart at The total outstanding lef $1491.32 $2172.90 CALCULATE THE$92.00 ENDING BALANCE This amount should be the same as the current balance shown in your $2230.00 check register $4619.89 $92.00 $2138.00 FIRM:_Dr Lester's___________________ 2. Reconcile the bank statement using the facts below. Use the information in questions A-D. Record your answers to the worksheet provided. NOTE: The worksheet is setup for you to manually type the necessary information to successfully complete the assignment. A. The checkbook balance is $4619.89. B. The statement balance is $ 6792.79 (this amount includes the deposit of $2138.00 – do not add the amount in again). C. Three checks are outstanding: Check # 5648 for $356.00, check # 5649 for $46.90; and check # 5650 for $ 1770.00. D. Does the checkbook reconcile with the statement? Ans.___Yes__ _ ...
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  • Fall '15
  • Credit card, Cheque, bank deposit, bank deposit slip, Pam Adkins, Brad Wilson

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