Question

Amy wrote a check for $32 to pay her monthly electricity bill, but when balancing her checkbook, she accidentally recorded it as a credit rather than as a debit . how will her check register compare to her monthly bank statement when she receives it ?

Answer 1

It would be 64 dollars over the balance on her statement

Answer 2

Her check register will show a change of $64 when her monthly bank statement is received.

Explanation:

Amy wrote a check for $32 to pay her monthly electricity bill

⇒ Amount written on check as a electricity bill = $32

Now, Amy has written the bill as a credit rather than as a debit

So, There would be error in the check register.

We need to find the change in the check register made by this error.

Let the amount in check register before paying the electricity bill = x

Now, she has mark a credit of $32

⇒ x + 32 .......(1)

But this was actually a debit so correct amount in the check register will be : x - 32 .......(2)

Now, if we compare (1) and (2)

Her check register will show a change of $64 when her monthly bank statement is received.