Use the account register to answer the question.
Pat and Jerry were reconciling their bank statement. The pertinent information from their account register is shown below:
Date Check No. Description Ck Deposit ($) Payment ($) Balance ($)
10/1/22 Balance Forward 1,749.34
10/1/22 1266 Mortgage X 959.74 789.60
10/3/22 ATM Cash X 200.00 589.60
10/5/22 ATM Restaurant X 37.98 551.62
10/10/22 Deposit X 750.00 1,301.62
10/21/22 1267 Car Payment (Blue Car) X 456.15 845.47
10/25/22 ACH Electric X 120.73 724.74
10/29/22 ACH Cell Phone 147.29 577.45
10/30/22 1268 Car Payment (SUV) 315.26 262.19
10/30/22 Deposit 553.46 815.65
When comparing their account register to the bank statement, Pat and Jerry noticed several discrepancies:
The cell phone bill of $147.29 was not in the bank statement.
The car payment (Check No. 1268 for $315.26) was not in the bank statement.
The deposit on 10/30 ($553.46) was not in the bank statement.
On 10/25, the bank statement showed a service charge of $12.00.
On 10/25, the bank statement showed a balance of $712.74.
Calculate the adjusted bank balance.
(1 point)
Responses
$815.65
$815.65
$250.19
$250.19
$1,266.20
$1,266.20
$803.65
$803.65
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The adjusted bank balance is $803.65.
To calculate this, we need to add the balance forward ($1,749.34) with the deposits ($750.00 and $553.46), subtract the payments and withdrawals ($959.74, $200.00, $37.98, $456.15, $120.73, $147.29, $315.26, and $12.00), and then adjust for the discrepancies.
$1,749.34 + $750.00 + $553.46 - $959.74 - $200.00 - $37.98 - $456.15 - $120.73 - $147.29 - $315.26 - $12.00 = $803.65