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26 January, 22:00

Sandi's checking account had a balance of $4627.36; her bank statement's balance was $10,275.46. A service fee of $37.00 also appeared on her statement. What was the total of all outstanding checks?

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  1. 26 January, 22:25
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    Given:

    Checking account balance / book balance = 4,627.36

    Bank statement balance / bank balance = 10,275.46

    Service fee = 37

    10,275.46 + 37 = 10,312.46

    10,312.46 - 4,627.36 = 5,685.10 is the total outstanding checks

    Outstanding checks are checks issued but have not yet been encashed or cleared.
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