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On October 31, 2015, your company's records say that the company has $16,451.03 in its checking account. A review of the bank statement shows you have three outstanding checks totaling $5,643.01, and the bank has paid you interest of $12.19 and charged you $9.00 in service charges. The bank statement dated October 31, 2015 would report a balance of:$10,811.21$22,090.85$22,097.23$10,804.83

Respuesta :

Answer:

$10,811.21

Explanation:

The computation of the bank balance would be equal to

= Ending balance - outstanding checks + interest received - service charges

= $16,451.03 - $5,643.01 + $12.19 - $9

= $10,811.21

The outstanding checks and services charges would be deducted whereas the interest received is added to the ending balance of the bank