Determine the Reconciled Bank Balance Given the Following

question 102

Short Answer

Determine the reconciled bank balance given the following:
The balance per bank statement is $ 195.
The balance per general ledger is $192.
There is a credit memo for a note collected, $408.
There is a credit memo for interest earned, $25.
There is a debit memo for a customer's NSF check $350.
Deposits in transit, $850.
Outstanding checks amount to $845.
This month's service charge amounts to $50.
There is a debit memo for check printing fees, $25.
$ ________

---

Definitions:

Hypotension

Low blood pressure.

Tachycardia

Rapid heart rate, generally in excess of 100 beats per minute.

Celsius

A scale of temperature on which water freezes at 0 degrees and boils at 100 degrees under standard conditions.

Rhonchi

Deep snoring or rattling sounds during breathing; associated with asthma, acute bronchitis, or any condition involving partial obstruction of the lung’s airway.