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    Bank Reconciliation

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    Charles checking account register showed a balance of $2,416.78 on August 1. After reviewing his bank statement he noticed an NSF charge in the amount of $70.25, a service charge of $19.00, and a not collected for $456.00. There was one deposit not yet credited for $155.00 and no checks outstanding. What was his reconciled balance?

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    https://brainmass.com/business/business-math/explanation-bank-reconciliation-balance-accounts-258959

    Solution Summary

    The solution provides step-by-step explanation of reconciliation between bank balance and accounts register balance.

    $2.19

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