1 2 378.95 3 1,591.40 4 Check Service Register Charge Balance $275.14 5 1,202.91 1,861.20 $4.81 4.35 6.20 0.00 0.00 New Balance Statement Balance $549.95 231.36 1,027.33 2,174.00 2,361.40 Outstanding Outstanding Checks, Deposits Payments/Debits $529.63 190.00 0.00 1,046.20 812.14 $250.01 333.24 557.87 75.11 311.94 5b) What do you notice about all of the new balances and adjusted balances in the above table? Adjusted Balance

Survey of Accounting (Accounting I)
8th Edition
ISBN:9781305961883
Author:Carl Warren
Publisher:Carl Warren
Chapter6: Receivables And Inventories
Section: Chapter Questions
Problem 6.3MBA
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Question
Find the new balances and adjusted balanced in the table below
Check
Service
Statement
Register
Charge
Balance
Balance
1
$275.14
2 378.95
3 1,591.40
4 1,202.91
5 1,861.20
$4.81
4.35
6.20
0.00
0.00
New
Balance
$549.95
231.36
1,027.33
2,174.00
2,361.40
Outstanding
Checks,
Payments/Debits
$529.63
190.00
0.00
1,046.20
812.14
Outstanding
Deposits
$250.01
333.24
557.87
75.11
311.94
5b) What do you notice about all of the new balances and adjusted balances in the above table?
Adjusted
Balance
Transcribed Image Text:Find the new balances and adjusted balanced in the table below Check Service Statement Register Charge Balance Balance 1 $275.14 2 378.95 3 1,591.40 4 1,202.91 5 1,861.20 $4.81 4.35 6.20 0.00 0.00 New Balance $549.95 231.36 1,027.33 2,174.00 2,361.40 Outstanding Checks, Payments/Debits $529.63 190.00 0.00 1,046.20 812.14 Outstanding Deposits $250.01 333.24 557.87 75.11 311.94 5b) What do you notice about all of the new balances and adjusted balances in the above table? Adjusted Balance
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