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Other Fields Homework Help Business Topic started by: GoodMad_ on Nov 28, 2016



Title: Agnes has a checking account and she has just received her March bank statement that shows an ending ...
Post by: GoodMad_ on Nov 28, 2016
Agnes has a checking account and she has just received her March bank statement that shows an ending balance of $250. Agnes' records indicate an ending balance of $220. In looking over the data you notice that two checks Agnes wrote totaling $75 had not yet cleared the bank, while a deposit for $40 that she mailed had not been received by the bank. There also was a $5 bank service charge. To adjust her records, Agnes should
A) do nothing, everything seems in good order.
B) call the bank and tell them that their balance is incorrect.
C) reduce her book balance by $5.
D) increase the bank balance by $40.


Title: Re: Agnes has a checking account and she has just received her March bank statement that shows an ...
Post by: bzapian on Nov 29, 2016
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Title: Re: Agnes has a checking account and she has just received her March bank statement that shows an ending ...
Post by: GoodMad_ on Jan 12, 2017
Another one bites the dust, as in, it's right :D