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?© BrainMass Inc. brainmass.com June 3, 2020, 11:00 pm ad1c9bdddf
The solution provides step-by-step explanation of reconciliation between bank balance and accounts register balance.