. 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 S202.67. 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.

I

Total outstanding checks = $965.14

Adjusted checkbook balance = Adjusted statement balance = $1,935.90  

Step-by-step explanation:

Note: There are some typographical errors in this question. The question is therefore correctly represented as follows:

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.

The explanation of the asnwers can now be presented as follows:

Erin Gardner

Calculation of Outstanding Checks

No                                           Amount ($)  

1.                                                 224.15

2.                                               327.80

3.                                                  88.10

4.                                                122.42

5.                                              202.67  

Outstanding checks               965.14   

Computation of adjusted checkbook balance

Details                                               Amount ($)  

Checkbook balance                          1,493.90

Add:

Electronic payroll deposit of               450.00  

Subtotal                                              1,943.90

Deduct:

Service charge                                           (8)  

Adjusted checkbook balance        1,935.90  

Computation of adjusted statement balance

Details                                               Amount ($)  

Statement balance                            2,087.93

Add:

Deposits in transit                                  813.11  

Subtotal                                             2,901.04

Deduct:

Outstanding checks                             965.14   

Adjusted statement balance          1,935.90