Question

Megan wants to first look for a single transaction that could have caused this problem with reconciliation. What is the amount of the transaction that Megan should look for in order to find a solution to the problem?

a.
$325.79
b.
$137.20
c.
$12.67
d.
$313.20

Answer 1

The answer is b:   $137.20                 have a good day :)

Answer 2

b. $137.20

Explanation:

If these are the numbers given for the reconciliation worksheet:

Friendly Bank Reconciliation Worksheet

Amount

1. Enter the statement closing balance.

$ 487

13

2. Enter the sum of any outstanding deposits or credits.

$ 186

68

3. Add lines 1 and 2.

$ 673

81

4. Enter the sum of any outstanding checks or debits.

$ 174

01

5. Subtract line 4 from line 3.

$ 499

80

6. Enter your checkbook balance.

$ 362

60

Note: Lines 5 and 6 should be equal at the end of the reconciliation.