1. Write Checks to Pay the Following Bills. Be Sure to Keep Track of Your Balance by Also Completing the Check Stubs. the Beginning Balance in the Checkbook Is $4562.79.

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Complete the following 2 exercises

1. Write checks to pay the following bills. Be sure to keep track of your balance by also completing the check stubs. The beginning balance in the checkbook is $4562.79.

NOTE: The checks are setup for you to manually type the necessary information to successfully complete the assignment.

A. Write check #5648 to the American Medical Association for $356.00 for new coding books.

[pic]

B. Write Check #5649 to the Blackburn Utility Company for $46.90 to pay the water bill.

[pic]

C. Write a check for the office mortgage payment to First National Bank, in the amount of $1,770.00. Use check #5650.

[pic]

D. Write check #5651 to pay a pharmacy bill of $98.34.

[pic]

E. Determine the balance of the account after the funds in questions A - D have been deducted.

Answer: ________________________

2. Write checks to pay the following refunds. Use the ending balance from question E to determine the final balance in the checking account. Be sure to keep track of your balance by also completing the check stubs.

NOTE: The checks are setup for you to manually type the necessary information to successfully complete the assignment.

A. Ms. Patty Bailey should receive a refund in the amount of $34.55 for an overpayment. Use check #5652.

[pic]

B. Write a check for Julie Smithy for $224.12. Her insurance company paid more than expected so she is entitled to a refund. Use check #5653.

[pic]

C. Cindy Chan paid $10 more than she owed when she was seeing Dr. Hughes. Refund her money using check #5654.

[pic]

D. Carter Graves decided to postpone his knee surgery when his wife suddenly became ill. Use check #5655 to refund his $500 deposit.

[pic]

E. Determine the balance of the checking account after the funds in questions…...

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