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Question: 1. Al Moore opened a no-frills checking account at the East Cambridge Savings Bank. The service charge for the checking account is $2.00 per month plus .25 cents per check. Assuming Al writes 10 checks per month, what will this checking account cost for the year?

2. On December 31, Brown Company's checkbook showed an $8,195.32 balance. Brown's bank statement showed a balance of $8,390.50. Check #456 for $395.10 and check #575 for $115.46 were outstanding. A $310.30 deposit was in transit. The bank charged a $20.00 service charge. The statement showed a $14.92 earned interest income. Complete Brown's bank reconciliation.

3. The checkbook of Royal Co. showed a balance of $14,182.15. The bank statement showed a balance of $9,815.55. Checks outstanding totaled $2,474.80. Deposits in transit totaled $6,588.10. The bank showed a NSF notice for $352.80 with interest earnings of $99.50. What is the reconciled balance?

4. Paula's checkbook balance on April 30 was $1,498.00 and her bank statement balance for the same period was $1,207.88. She discovered from her cancelled checks that a check for $30.00 had been recorded in her check register for $20.00. The bank deducted a service charge of $15.55 from her account. A deposit mailed on April 29 for $310.99 did not appear on the statement. Paula noticed that 2 checks #s 101 and 181 for $16.88 and $29.54 were outstanding. What is the adjusted reconciled balance?

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