From the following information, reconcile the checkbook balance to the bank statement balance. checkbook balance $43,676.09 bank balance 49,668.90 outstanding deposits 8,474.44 outstanding checks 12,322.25 note collected 2,160.00 bank service charge 15.00

To reconcile we need to match the checkbook balance with that of the bank balance :

Checkbook balance :

Initial checkbook balance = $43676.09

Note collected = $2160.00 , Bank Service Charge = $15

Final Checkbook Balance = Initial balance + Note collected - Service charge

                                            = 43676.09 + 2160 - 15

                                            = $45821.09

Bank balance :

Initial Bank balance = $49668.90

Outstanding deposits = $8474.44 , Outstanding checks = $12322.25

Final Bank Balance = Initial balance - Outstanding checks + Outstanding deposits

                                 = 49668.90 - 12322.25 + 8474.44

                                = $45821.09

So, both the checkbook balance and the bank balance are equal.

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step-by-step explanation: