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Ezzy19 Ezzy19
wrote...
Posts: 400
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6 years ago
Jorge sold 200 shares of Pacific stock at 21; 300 shares of Atlantic stock at 32; and 100 shares of Inland stock at 42 . Commission charges were 0.20 per share. Compute the proceeds of the sale.

Q. 2

A check register shows a balance of 346.71 . The bank statement shows that two checks of 42.34 and 56.25, deposited by the account owner, were drawn against a closed account and were returned as invalid. A charge for 2.00 for each deposit was also deducted by the bank because of the returns. Compute the adjusted cash balance of the check register.

Q. 3

Fern sold 800 shares of Atlantic stock at 14.25 . Commission charges were 0.20 per share. Compute the proceeds of the sale.

Q. 4

A bank statement shows a balance of 401.85 . The check register of the account owner shows outstanding deposits of 350.00 and 247.32, as well as an outstanding check of 475.50 . Compute the adjusted cash balance of the bank statement.
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2 Replies

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Replies
wrote...
6 years ago
Ans. #1

17,880

Ans. #2

244.12

Ans. #3

11,240

Ans. #4

523.67
Ezzy19 Author
wrote...
6 years ago
found this very helpful thank you
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