BM501 Module 34.3

BM501 Module 34.3

12th Grade

5 Qs

quiz-placeholder

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BM501 Module 34.3

BM501 Module 34.3

Assessment

Quiz

Mathematics

12th Grade

Hard

FREE Resource

5 questions

Show all answers

1.

MULTIPLE CHOICE QUESTION

1 min • 1 pt

The bank statement of Aseef showed a closing balance of SAR 3,150.18. The outstanding transactions included three checks for SAR 17.87,SAR 144.47, and SAR 840, and a deposit for SAR 110. Determine the corrected bank statement balance of Aseef.

SAR 2,257.84

SAR 2,527.84

SAR 2,275.84

SAR 2,725.84

2.

MULTIPLE CHOICE QUESTION

1 min • 1 pt

Greg's bank statement showed a closing balance of SAR 323.98. After checking with his check register, he noticed that two outstanding checks were not shown in his bank statement, Check 180 for SAR 48.65 and Check 181 for SAR 93.28. Reconcile his bank statement to reflect the corrected balance.

SAR 128.05

SAR 182.05

SAR 128.50

SAR 182.50

3.

MULTIPLE CHOICE QUESTION

1 min • 1 pt

Hamza's bank statement balance was SAR 182.05, while his check register balance was SAR 196.89. He found out that the check register did not yet reflect the interest earned of SAR 0.16; and service charge of SAR 15. Reconcile Hamza's check register with these details.

SAR 182.05

SAR 128.05

SAR 181.89

SAR 118.89

4.

MULTIPLE CHOICE QUESTION

1 min • 1 pt

Mishal's previous check register balance was SAR 727.92. His bank statement showed a service charge of SAR 18.90 and interest earned of SAR 1.60. Reconcile his check register.

SAR 701.62

SAR 701.26

SAR 710.62

SAR 710.26

5.

MULTIPLE CHOICE QUESTION

3 mins • 1 pt

Yasmin's bank statement balance on January 31 was SAR 2,371.40. On the same date, her check register was SAR 1,732.39. The bank showed a service charge of SAR 8.30 and interest earned of SAR 1.12. There were three outstanding checks: SAR 173.19, SAR 417.28, and SAR 55.72. Find the reconciled balance.

SAR 1,752.21

SAR 1,275.21

SAR 1,527.21

SAR 1,725.21