Question

8. An online bank statement reads as follows: Account balance: $986.24 Car payment: $203.34 Gas bill: $96.67 Check deposit: $1289.60 Cash deposit: $45 Debit card transaction: $67.12 ATM withdrawal: $30 Find the current account balance to date. A. $937.47 B. $1,726.52 C. $1,555.33 D. $1,923.71

Answer 1

Starting balance : 986.24

deductions :
car payment : 203.34
gas bill : 96.67
debit card : 67.12
ATM : 30
total deductions : 203.34 + 96.67 + 67.12 + 30 = 397.13

deposits :
check : 1289.60
cash : 45
total deposits : 1289.60 + 45 = 1334.60

Balance to date : 986.24 + 1334.6 - 397.13 = 1923.71 <==