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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.
$ ________

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$200 [$195...

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