Problem

Banks are finding more ways to charge fees, such as a $25 overdraft fee. Sue McVickers has...

Banks are finding more ways to charge fees, such as a $25 overdraft fee. Sue McVickers has an account in Fayetteville; she has received her bank statement with this $25 charge. Also, she was charged a $6.50 service fee; I however, the good news is she earned $5.15 interest. Her bank statement's balance was $315.65, but it did not show I the $1,215.15 deposit she had made. Sue's checkbook balance shows $604.30. The following checks have not cleared: No. 250, $603.15; No. 253, $218.90; and No. 254, $130.80. Prepare Sue's bank reconciliation.

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Solutions For Problems in Chapter 4