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Felix Babic banks at Role Federal Bank. Today he received his March 31, 2022, bank statement showing a $762.80 balance. Felix’s checkbook shows a balance of $799.80. The following checks have not cleared the bank: Number 140, $130.55; Number 149, $66.80; and Number 161, $102.90. Felix made an $820.15 deposit that is not shown on the bank statement. He has his $617.30 monthly mortgage payment paid through the bank. His $1,100.20 IRS refund check was mailed to his bank. Prepare Felix Babic’s bank reconciliation.

1 Answer

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Answer: the adjusted bank statement balance is $1,966.20

Explanation:

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