Question

Add line 2 and line 3 on your reconciliation form. What is the sum for line 4?
$158.53
$206.53
$88.00
$914.47

Answer 1

Can you help me please? @Loser66

Answer 2

Is this Financial Algebra

Answer 3

r u trying to find the avg

Answer 4

if so it is simple

Answer 5

you add all and divide by 4

Answer 6

To do this, you have to go to page 3 of the document. Can you see it?

Answer 7

No page 3 on this doc

Answer 8

Do you see the attachment? I put it right after I posted the question.

Answer 9

that i see

Answer 10

i am looking at it but is not showing that page

Answer 11

$158.53
$206.53
$88.00
$914.47 what are these???

Answer 12

It's the page that has a chart with List the Outstanding CHecks

Answer 13

found it now had to refresh the doc

Answer 14

Those are the different answer choices of which one of them has to be correct when you add lines 2 and 3

Answer 15

Ok that's great!

Answer 16

ok so
Balance in your check register is ?

Answer 17

we are gonna fill this out together

Answer 18

Is the ending balance 158.53?

Answer 19

no $206.53

Answer 20

Oh ok so that's the balance in the check register

Answer 21

what is Balance in your check register is ?

Answer 22

Oh! Is it 260?

Answer 23

for Balance in your check register is ?

Answer 24

Yes because it says beginning balance is 260

Answer 25

yes

Answer 26

Ok so now we have to do the outstanding deposits

Answer 27

what bout ending balance?

Answer 28

Ending balance is 206.53

Answer 29

ok Amount of outstanding deposits is?

Answer 30

Give me some time

Answer 31

ok

Answer 32

Is it 0?

Answer 33

901 is what it looks like look at deposits and credits

Answer 34

do you agree?

Answer 35

But I don't think that means it is the total outstanding deposits.
Outstanding deposits are the deposits that are shown in the check register but not on the account statement, right?

Answer 36

look at the statement add all deposits together

Answer 37

ok

Answer 38

I got 900.5

Answer 39

so then it is 0 my bad i forgot

Answer 40

Ok so now we have to add line 2 and 3 together which is 206.53?

Answer 41

yes

Answer 42

that all??

Answer 43

There are also a few more questions pertaining to the account statement. Just give me a moment

Answer 44

Subtracting line 5 from 4 on the reconciliation form should equal:
$158.53
$246.53
$88.00
$914.47

Answer 45

bro the 91 i gave u was the oustanding deposits

Answer 46

901

Answer 47

Outstanding deposits or outstanding checks?

Answer 48

and outstanding checks is number below 901

Answer 49

Oh so outstanding checks is 954.47

Answer 50

yes

Answer 51

now do the sum for lines 2 and 3

Answer 52

I got 1107.53

Answer 53

ok now with the outstanding checks
subtract lines 5 from 4 to see if you get what is on line 1

Answer 54

if i am right you should

Answer 55

if so your answers are done

Answer 56

I got 153.06

Answer 57

that is weird it does not match line 1. I am sorry let me see what i did wrong

Answer 58

It's okay. I don't really understand what I did wrong either

Answer 59

I am gonna have a friend come help @hartnn

Answer 60

Okay that sounds great

Answer 61

what did we do wrong??

Answer 62

@hartnn

Answer 63

i think this question is related to accounts....which i have never studied....sorry guys.

Answer 64

ok

Answer 65

I have no idea what i did wrong am am very sorry happyrosy

Answer 66

It's okay. I'll just try to figure it out myself or try to call my instructor on Monday

Answer 67

maybe ask ur teacher and keep what we did just in case to show them and ask what we did wrong.

Answer 68

Yeah I'm going to do that. Thanks for all the help!

Answer 69

NP anything else other than this?

Answer 70

No, this is the only assignment for now

Answer 71

have not done this in a year so i might have done it wrong myself when teaching so like i said sorry

Answer 72

It's alright LOL