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Tom just received his bank statement and wanted to make

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Tom just received his bank statement and wanted to make sure that the balance in his check book was correct. Tom determined the following information:

  • At the end of the month Tom's check book showed a balance of $183
  • The bank indicated that the balance in Tom's account was $475
  • Check number 104 for $60, check number 107 for $205 and check number 108 for $100 had not cleared the bank.
  • A deposit of $140 did not show up in the bank statement.
  • Since Tom wanted a paper statement the bank charged him $5
  • A check of $70 which was previously deposited was returned by the bank plus a $10 service charge.
  • Tom discovered that a check she had written for $236 had been incorrectly recorded in his check ledger at $263.
  • A friend had wired directly to Tom's account $125.

A.Determine the true cash balance for Tom's checking account.

B.Determine the amount of change in cash as a result of this statement.

C.Determine the amount of change in expense as a result of this statement.

Reference no: EM13576199

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