Ramona worked 37 hours last week. She earns 11.79 an hour, so she earned 436.23.
Indicate whether the statement is true or false
Q. 2Michael Lewis earns 71,500 a year, so his semimonthly paychecks are 2,750.
Indicate whether the statement is true or false
Q. 3Kevin uses Excel to make his deposit slips. His deposit slip shows currency in Cell F3, 3 checks in Cells F5 through F7, and cash he wants to get back in Cell F11. What formula should Kevin use in the net deposit Cell F12?
Q. 4Henry Jacobs wrote a check for 123.78 but recorded the check in his checkbook register as 103.78. Will his running balance show more or less money and by how much?
Q. 5Kelly's checkbook shows a balance of 417.32. Her bank statement included ATM fees of 2.00, 1.50, and 3.00. Kelly had also forgotten to record two ATM withdrawals, one for 40 and another for 20. What should her new checkbook balance be?
Q. 6Manuel has a 717.89 checkbook balance. His bank statement shows a 509.56 balance and an 8 service charge. His outstanding checks total 112.23. The deposit from his paycheck for 345 is also outstanding. What is his adjusted checkbook balance? Does it reconcile with the adjusted bank statement balance?
Q. 7Franklin's bank statement showed a balance of 2,592.58. There were 2 ATM fees of 3.00 and 2.50. He had made three outstanding deposits not recorded by the bank for 115, 619.78, and 45.90. The outstanding checks were in the amounts of 23.89, 515.78, and 19. What is the adjusted bank balance?
Q. 8When Alicia got her bank statement it showed a balance of 413.58. She saw 3 ATM fees of 1.50, 2.50, and 2.00 and no outstanding deposits. The outstanding checks were: Check 103 for 15, Check 106 for 7.35, and Check 109 for 48.19. Alicia's checkbook balance is 368.50. What is the difference between her adjusted checkbook balance and the adjusted bank statement balance?