Contemporary Mathematics for Business and Consumers, Eighth Edition
Robert Brechner and George Bergeman
Copyright © 2017 Cengage Learning
Level 1
Chapter 4 – Section I – Exercise 6
Properly fill out the deposit slip for Star Vista Corp., based on the following information:
Note: Fill in the appropriate values and use Excel for all computations.
Star Vista Corp.
Wells Fargo Bank TOTAL 9,998.67
Level 2
Chapter 4 – Section I – Exercise 7
Properly fill out the deposit slip for Howard Lockwood based on the following information:
Note: Fill in the appropriate values and use Excel for all computations.
Level 3
Chapter 4 – Section I – Exercise 9
From the following information, complete the checkbook register below:
a. Starting balance $479.20.
To: Deposit 766.90
For: Bal. 1246.10
To: Mario’s Market Debit Card 45.65
For: Bal. 1200.45
To: ATM Withdrawal 125.00
For: Bal. 1075.45
To: Howard Properties 870.00
For: Bal. 205.45
To: Electronic Payroll Deposit 1350.00
For: Bal. 1555.45
To: Elegant Décor 864.40
CHECK
NUMBER
AMOUNT OF
PAYMENT OR
WITHDRAWAL (-)
4/7
BALANCE FORWARD
PLEASE BE SURE TO DEDUCT ANY BANK CHARGES THAT APPLY TO YOUR ACCOUNT.
$479.20
AMOUNT OF
DEPOSIT OR
INTEREST (+)
DESCRIPTION OF TRANSACTION
DATE
Level 1
Chapter 4 – Section II – Exercise 1
On April 3, Erin Gardner received her bank statement, showing a balance of $2,087.93.
Her checkbook showed a balance of $1,493.90. Outstanding checks were $224.15,
$327.80, $88.10, $122.42, and $202.67. There was an $8.00 service charge, and the deposits
in transit amounted to $813.11. There was an electronic payroll deposit of $450.00.
Use the form below to reconcile Erin’s account.
Level 2
Chapter 4 – Section II – Exercise 2
Bob Albrecht received his bank statement on July 5, showing a balance of $2,663.31. His
checkbook had a balance of $1,931.83. The statement showed a service charge of $15.80
and an electronic payroll deposit of $200.00. The deposits in transit totaled $314.12, and
the outstanding checks were for $182.00, $261.40, and $418.00. Use the forms below to
reconcile Bob’s account.
CHECKBOOK BALANCE $1,931.83 STATEMENT BALANCE $2,663.31
Contemporary Mathematics for Business and Consumers, Eighth Edition
Robert Brechner and George Bergeman
Copyright © 2017 Cengage Learning
Level 3
On December 2, John Leahy received his bank statement, showing a balance of
$358.97. His checkbook showed a balance of $479.39. There was a check printing
charge of $13.95, and interest earned was $6.40. The outstanding checks were for $22.97,
$80.36, $19.80 and $4.50. The deposits in transit totaled $240.50. Use the form below
to reconcile John’s account.
Chapter 4 – Section II – Exercise 3
Level 1
Chapter 4 – Assessment Test – Exercise 3
As cashier for the Cellini’s Pizza, it is your responsibility to make the daily deposits.
Complete the deposit slip below, based on the following information:
a. Date: January 20, 20xx
Level 2
Chapter 4 – Assessment Test – Exercise 6
On October 1, Jessica Clay received her bank statement showing a balance of $374.52.
Level 3
Chapter 4 – Assessment Test – Exercise 7
Prepare a bank reconciliation for Kali Loi from the following checkbook records and bank statement.
To 236.77
For Bal.642.59
To 450.75
For Bal.1093.34
To 47.20
For Bal.1046.14
For Bal.970.25
For Bal.1850.59
For Bal.1741.59
For Bal.1233.77
For Bal.1113.77
For Bal.1737.27
For Bal.1945.67
Deposit
804
Deposit
Four Seasons Hotel
American Express
ATM Withdrawal
Deposit
CHECKING ACCOUNT SUMMARY
10-1-20xx THRU 10-31-20xx
DATE AMOUNT BALANCE
10-3 236.77 642.59
Returned Item
Check #803
Check #805
11-2-20xx
ACCOUNT NUMBER
449-56-7792
Aloha Bank
STATEMENT DATE
BALANCE FORWARD
879.36
DESCRIPTION OF TRANSACTION
AMOUNT OF
PAYMENT OR
WITHDRAWAL (-)
Previous Balance
Checks & Debits
Current Balance
AMOUNT OF
DEPOSIT OR
INTEREST (+)
CHECK
NUMBER
DATE
PLEASE BE SURE TO DEDUCT ANY BANK CHARGES THAT APPLY TO YOUR ACCOUNT.
CHECKING ACCOUNT TRANSACTIONS
801
10/1
10/6
802
10/8
DESCRIPTION
Deposits & Credits
Check #801
Kali Loi
1127 Pineapple Place
Honolulu, Hawaii 96825
H & H Jewelers
Deposit
L. L. Bean
10-24 623.50 1,568.77
10-28 48.25 1,520.52
Debit Purchase
10-30 34.40 1,486.12
Checks Outstanding
No.
802
CHECKBOOK BALANCE $1,897.42 STATEMENT BALANCE
Amount
Check printing charge
$1,486.12
Deposit
47.20
10-22 120.00 945.27
ATM Withdrawal