Question 1 (of 10) Save&Et; Subm he World Bank t recasts growth of word trade to
ID: 2538881 • Letter: Q
Question
Question 1 (of 10) Save&Et; Subm he World Bank t recasts growth of word trade to be 5 30%, up from 19 60% in 2014 This change has caused Gala a os sands Resort to anat ze its current nnancial situation, with reconciling its accounts Galapagos Islands Resort received its bank statement showing a balance of $9,674 80 its checkbook balance is $16,250.00 Deposits in trans are $4.1 and No 1022 fon 1.387 00 Ahmebers ar00 and interest earmed of $12.80 Notes coleted totai 51,.78100 Outstandng checks are No 1021 for $1,838 00 Prepare Galapagos Isiands Resort bank reconciation (Input all amounts as positive values. Round your answers to 2 decimal places) Galapagos Islands Resort checkbook balance Bank balance Add Add Click to select) (Click to select) Click to select) Deduct Deduct Click to select) (Cick to select) Recontiled balance Reconciled balanceExplanation / Answer
Galapagos Island Resorts
Bank Reconciliation Statement –
Galapagos Island Bank Reconciliation Statement
Galapagos Island Resorts checkbook balance
$16,250
Bank Balance
$9,674.80
Add: Notes collected by bank
$1,781
Add: Deposits in transit
$11,482
Add: Interest earned
$12.80
$1,793.80
$18,043.80
$21,156.80
Deduct: Service charge
($112)
Deduct: Outstanding checks
($3,225)
Reconciled Balance
$17,931.80
Reconciled Balance
$17,931.80
Notes:
Galapagos Island Bank Reconciliation Statement
Galapagos Island Resorts checkbook balance
$16,250
Bank Balance
$9,674.80
Add: Notes collected by bank
$1,781
Add: Deposits in transit
$11,482
Add: Interest earned
$12.80
$1,793.80
$18,043.80
$21,156.80
Deduct: Service charge
($112)
Deduct: Outstanding checks
($3,225)
Reconciled Balance
$17,931.80
Reconciled Balance
$17,931.80
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