Problem

Refer to exercise 1 and use the bank statement and checking account balancing form below t...

Refer to exercise 1 and use the bank statement and checking account balancing form below to balance Shannon’s checking account.

Exercise 1

On 8/1 Shannon Mending had a balance of $525.90 in her checking account. Later that same day she deposited $588.23 into her checking account and wrote check #333 to Verizon Telephone Company for $33.20 and check #334 to Discount Car Insurance for $332.50. Then on 8/8 she wrote check #335 to the Walden Market for $21.35, made an ATM withdrawal for $81.50, and wrote check #336 to the Cable Company for $41.50. Then on 9/1 she made a $904.10 deposit, wrote check #337 to Next Day Dry Cleaners for $33.50, and check #338 to Marty’s Dress Shop for $87.99. Record the checks and deposits in Shannon’s check register, and then find the ending balance.

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Solutions For Problems in Chapter A.1