Compute the Reconciled Balance

question 41

Short Answer

Compute the reconciled balance:
$\begin{array}{|c|c|c|c|}\hline& \text { Bank } & & \\\text { Checkbook } &\text { Statement } & \text { Additional } & \text { Reconciled } \\\text { Balance } & \text { Balance } &\text { Information } & \text { Balance }\\\hline & & & \\\hline \$ 5,543.24 & \$ 6,981.32 & \text { NSF } & \$ 88.10 \\\hline & & & \\\hline & & \text { Service Charge } & 15 \\\hline & & & \\\hline & & \text { Interest Credited } & 12.15 \\\hline & & & \\\hline & & \text { Deposit in Transit } & 99.1\\\hline & & & \\\hline & & \text { Checks } \\&&\text { Outstanding } & 1,628.1\\\hline \end{array}$

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Definitions:

Economic Responsibility

The obligation of an individual or organization to act in ways that are financially viable and in the best interest of the economic health of society.

Chit Fund

A type of rotating savings and credit association system practiced in India, where a group of people contribute to a common fund and bid to use the accumulated sum.

Corporate Social Responsibility

A business model that involves practices that benefit society and the environment beyond what is legally required.

Legal Guidelines

Standards and rules established by legislation that guide behavior and business practices.