Job 22

Instructions:
Complete the following mathematical problems and use the Non-Add key to label the problems.

NAME: SCORE:

Bank Statement Reconciliation

Bank Statement: Check Register:
Bank Statement Balance: $1,406.04 Check Register Balance: $1,554.91
Service Charge: $7.00 Outstanding Deposits: $346.55
Interest Earned: $46.05 Outstanding Checks and Draft:
No. 226 $45.97 No. 229 $26.53
No. 227 $9.34 No. 230 $14.27
No. 228 $12.88 Draft $49.64

Reconciliation Statement
March 31, 2021
Check Register Balance: $ 1,554.91 Bank Statement Balance: $1,406.04
Deducted Service Charge: $7.00 Add Outstanding Deposits: $346.55
Add Interest Earned: $46.05 Deduct Outstanding Checks & Drafts: $45.97
$9.34
$12.88
$26.53
$14.27
$49.64
Total outstanding checks and drafts $158.63
Adjusted check Register Balance: $1,593.96 Adjusted Bank Statement Balance: $1,593.96

1. What is the Adjusted Check Register Balance? $1593.96

2. What is the total Outstanding Checks and Drafts? $158.63
3. What is the Adjusted Bank Statement Balance? $1,593.96

Bank Statement: Check Register:

Bank Statement Balance: $1,075.59 Check Register Balance: $1,180.49
Service Charge: $7.50 Outstanding Deposits: $274.36
Interest Earned: $52.69 Outstanding Checks and Draft:
No. 231 $51.82 Draft $36.89
No. 232 $10.02
No. 233 $25.54

Reconciliation Statement
April 30, 2021
Check Register Balance: $1,180.49 Bank Statement Balance: $1,075.59
Deducted Service Charge: $7.50 Add Outstanding Deposits: $274.36
Add Interest Earned: $52.69 Deduct Outstanding Checks & Drafts: $51.82
$10.02
$36.89
$
$
$
Total Outstanding Checks & Drafts: $98.73
Adjusted check Register Balance: $1,225.68 Adjusted Bank Statement Balance: $1,251.22
4. What is the Adjusted Check Register Balance? $1,225.68
5. What is the total Outstanding Checks and Drafts? $98.73
6. What is the Adjusted Bank Statement Balance? $1,251.22
Check Register
Check to make sure the balances are correct. If there is an error, draw a line through the
balance and record the correct amount.
(-) Balance
Transaction (+)
Date Payment or 
Description Deposit 887.76
Withdrawal
4/1 Westwood Apts. Rent 450.00 437.76
4/3 United Market – Groceries 62.32 375.44
4/6 Cash 30.00 345.44
4/8 Deposit 378.96 724.40
4/11 Corner Store- gas 21.64 702.76
4/11 United Market – Groceries 24.47 678.29
4/14 Quality Cleaners 7.89 670.40
4/15 Cash 40.00 630.40
4/19 Lakeshore Journal 26.40 604.00
4/20 Bell Telephone Co. 32.16 571.84
4/22 Deposit 217.16 789.00
4/23 Uncommon Clothes 39.75 749.25
4/24 PG & E 27.68 721.57
4/24 Cash 30.00 691.57
4/28 Express Charge Card 198.14 493.43
4/30 Riverside Service Co. – water 17.59 475.84
4/30 Bob’s Auto Repair Co. 50.08 435.76
4/30 Service Charge 4.00 431.76
4/30 Interest - April 29.58 461.34

7. What is the ending balance on April 30? $461.34

8. What are the total amounts of each expense category?
a. Cash $100.00
b. Housing (rent and utilities) $549.07
c. Groceries 86.79
d. Other expenses 326.26
9. What is the total amount of deposits? $625.70

Saving Account Passbook

10. Paul’s credit union pays interest at an annual rate of 5.75%. At the end of the quarter, his
balance is $608.54
a. How much interest will be earned for the quarter? $8

b. Add the interest to the balance. What is Paul’s new balance after a withdrawal of
$175.00? $183
11. Derek Higgins has a balance of $621.89 in his account at the credit union. The credit union
pays interest at an annual rate of 7.25%.(I calculated annually here not quarterly)
a. What is his new balance after a deposit of $256.00? $301

b. How much interest is earned in 1 quarter on his new balance? $5

12. Samantha opened a saving account with $875.00. One week later she deposited $150.00. She
earns 6% yearly interest calculated by quarterly intervals.
a. What was her balance after the deposit? $1,038

b. How much interest is earned on the new balance? &15.57

13. Jackie Owen earns 5.25% yearly on her savings account balance of $733.45.
 a. How much interest does she earn in 1 quarter? 1.3125% or $9

b. Add the interest to the balance. What is the new balance after a withdrawal of
$250.00? $492.45

14. Greg’s yearly interest is 5.5% on a savings amount of $1,225.92.

a. What is his balance after a withdrawal of $350.00? $875.92

b. How much interest is earned in 1 quarter on his new balance? $12