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Hannah G.

asked • 10/08/20

Balance reconcilliation problem

Galapagos Islands Resort received its bank statement showing a balance of $8788. Its checkbook balance is $15,252. Deposits in transit are $3,450 and $6,521. There is a service charge of $45 and interest earned of $3. Notes collected by the bank (a deposit) total $1,575. Outstanding checks are No1021 for $1260 and No1022 for $714. All numbers are in US dollars. Help Galapagos reconcile its balance.

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