12. based on the following information, prepare a bank reconciliation to determine the adjusted (corrected) balance:...

12. based on the following information, prepare a bank reconciliation to determine the adjusted (corrected) balance:
Bank balance $680
Checkbook balance $642
outstanding checks $112
direct deposits $70
Account fees $12
ATM withdrawals $60
interest earned $8

Expert Solution

jeff jeffy answered 2 years ago

Based on the following information, prepare a bank reconciliation to determine the adjusted corrected balance

Based on the following information, prepare a bank reconciliation to determine the adjusted corrected balance: (input each amount as a positive value) Bank balance$ 680Account fees $ 12Checkbook balance$ 642ATM withdrawals$ 80Outstanding checks$ 112Deposit in transit$ 60Direct deposits$ 70Interest earned$ 8

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