0
Add your answer:
Earn +20 pts
What is the term using for uncleared checks?
The term "outstanding checks", or "checks that are outstanding."
What are the Benefits of switching from paying by check to paying by direct deposit?
For one, employees can not hold their checks resulting in a long list of outstanding checks on your bank reconciliation.
Kenneth is having a terrible time balancing his checkbook He had outstanding checks that totaled 323.14 an ending balance of 232.54 and outstanding deposits of 125.98 His checkbook register bal?
Outstanding Checks = $323.14 Current Bank Balance = $232.54 Outstanding Deposits = $125.98 Final Balance = Current balance + Outstanding deposits - outstanding checks = 232.54 + 125.95 - 323.14 = 35.35 The final balance on Kenneth's account will be $35.35
Can a successor trustee close a trust checking account when there are outstanding checks that havent been cashed?
No. No one can close a bank account when there are outstanding checks that must be paid to the bearer.
Should the checkbook balance be if you have outstanding checks that total 234.56 an ending balance of 508.50 and outstanding deposits of 57.50?
You can reconcile this bank statement by figuring out what each number means. The ending balance of 159.75 is what you currently have. The outstanding deposit of 175.46 is the amount you deposited. The Outstanding checks of 231.69 is the amount you made out in checks.
These checks have not cleared the bank1105 17.50 1106 56.72 1107 63.92 What is the total of the outstanding checks?
138.14
When completing a bank statement what do you do with outstanding checks?
Subtract them from the balance.
Sherry had an ending balance of 125.36 outstanding deposits of 153.53 and outstanding checks of 100.19. What was her checkbook balance?
178.70
What Sherry had an ending balance of 125.36 outstanding deposits of 153.53 and outstanding checks of 100.19. What was her checkbook balance?
178.70
Sherry had an ending balance of 125.36 outstanding deposits of 153.53 and outstanding checks of 100.19 What was her checkbook balance?
178.70
What should the checkbook balance be if you have outstanding checks that total 234.56 an ending balance of 508.50 and outstanding deposit of 57.50?
331.45
Reconcile the following bank statement Ending Balance 159.75 Outstanding Deposits 175.46 Outstanding Checks 231.69?
103.52
