Contemporary Mathematics for Business and Consumers, Third Edition

Robert A. Brechner
Copyright © 2003 Thomson/South-Western

Level 1
Chapter 4 - Section I - Exercise 7

Properly fill out the deposit slip for The Williamson Corp., based on the following information:
a. Date: July 9, 20xx
b. $16,580 in currency
c. $62.25 in coins
d. Checks in the abount of $2,455.94; $4,338.79; and $1,461.69

Note: Fill in the appropriate values and use Excel for all computations.

The Williamson Corp

CURRENCY
DATE COIN
CHECKS

TOTAL-OTHER SIDE
Bank of America TOTAL 0.00
LESS CASH
NET DEPOSIT 0.00
Contemporary Mathematics for Business and Consumers, Third Edition
Robert A. Brechner
Copyright © 2003 Thomson/South-Western

Level 1
Chapter 4 - Section II - Exercise 1

On April 3, Skeeter King received her bank statement, showing a balance of $1,637.93.
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. Use the form below to reconcile Skeeter's account.

Checks Outstanding

Amount

Total 0.00

CHECKBOOK BALANCE STATEMENT BALANCE

Add: Interest & Other Credits Add: Deposits in Transit

SUB TOTAL 0.00 SUB TOTAL 0.00

Deduct: Service Charges & Other Debits Deduct: Outstanding Checks 0.00

ADJUSTED CHECK BOOK BALANCE 0.00 ADJUSTED STATEMENT BALANCE 0.00