Alfred Jones received a bank statement that showed a balance of $2,671.13. He noted that there was a $2.50 ATM fee and interest of $1.18. There was an outstanding deposit of $635. His outstanding checks were: Check 214 for $75, Check 217 for $115.89, and Check 218 for $48.19. What is the adjusted bank balance?


$3,067.05; The ATM fee and interest are accounted for in the statement. Add the outstanding deposit and deduct the outstanding checks.
$2,671.13 - ($75 + $115.89 + $48.19 ) + ($635 ) = $3,067.05

Business

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