{[ promptMessage ]}

Bookmark it

{[ promptMessage ]}

ch04qz02a - d Enter an Outstanding Deposit of 97.80 on 4/25...

Info icon This preview shows page 1. Sign up to view the full content.

View Full Document Right Arrow Icon
BUSINESS MATH USING EXCEL Name ______________________________ Date ______________________________ Chapter 04 - Quiz 02 Monthly Bank Reconciliation Today’s Date 27-Apr Bank Statement Date 27-Apr Bank Balance on Statement $5,971.39 Subtract Outstanding Checks (from your checkbook) Check No. Amount 2758 $83.12 2749 $379.82 Total Outstanding Checks $462.94 Subtotal $5,508.45 Add Outstanding Deposits (from your checkbook) Date Amount 25-Apr $97.80 Total Outstanding Deposits $97.80 ADJUSTED BANK BALANCE $5,606.25 Checkbook Balance $5,606.25 Subtract Unrecorded Debits (fees, transfers shown on bank statement) Date Amount 15-Apr $13.00 27-Apr $75.00 Total Unrecorded Debits $88.00 Subtotal $5,518.25 Add Unrecorded Credits (such as interest earned) Date Amount 12-Apr $70.16 13-Apr $17.84 Total Unrecorded Credits $88.00 ADJUSTED CHECKBOOK BALANCE $5,606.25 Directions: b. Enter the following Outstanding Checks: 2758, 83.12; 2749, 379.82. c. Enter formulas to calculate the Total Outstanding Checks and the Subtotal.
Image of page 1
This is the end of the preview. Sign up to access the rest of the document.

Unformatted text preview: d. Enter an Outstanding Deposit of 97.80 on 4/25. f. Enter the Checkbook Balance: 5606.25. g. Enter the bank charges of 13.00 on 4/15 and 75.00 on 4/27. h. Enter formulas to calculate the Total Unrecorded Debits and the Subtotal. i. Enter Unrecorded Credits of 156.90 on 4/12 and 17.84 on 4/13. a. Enter Today’s Date, Bank Statement Date as of April 27, and Bank Statement Balance 5971.39. e. Enter formulas to calculate the Total Outstanding Deposits and the ADJUSTED BANK BALANCE. j. Enter formulas to calculate the Total Unrecorded Credits and the ADJUSTED CHECKBOOK BALANCE. k. Format dollar entries for Currency. Set Decimal places to 2 and Currency symbol to $. l. Save the file as ch04qz02a.xls. A B C D E F 1 2 3 4 5 6 7 8 9 10 11 12 13 14 15 16 17 18 19 20 21 22 23 24 25 26 27 28 29 30 31 32 33 34 35 36 37 38 39 40 41 42 43 44 45 46 47 48 49 50...
View Full Document

{[ snackBarMessage ]}

What students are saying

  • Left Quote Icon

    As a current student on this bumpy collegiate pathway, I stumbled upon Course Hero, where I can find study resources for nearly all my courses, get online help from tutors 24/7, and even share my old projects, papers, and lecture notes with other students.

    Student Picture

    Kiran Temple University Fox School of Business ‘17, Course Hero Intern

  • Left Quote Icon

    I cannot even describe how much Course Hero helped me this summer. It’s truly become something I can always rely on and help me. In the end, I was not only able to survive summer classes, but I was able to thrive thanks to Course Hero.

    Student Picture

    Dana University of Pennsylvania ‘17, Course Hero Intern

  • Left Quote Icon

    The ability to access any university’s resources through Course Hero proved invaluable in my case. I was behind on Tulane coursework and actually used UCLA’s materials to help me move forward and get everything together on time.

    Student Picture

    Jill Tulane University ‘16, Course Hero Intern