Question

Suppose that Kevin's checking account shows a balance of $910.25 at the beginning of the month. During this month, he makes deposits of $175.35, $472.25, $235.40, and $450.15, and he writes checks for $307.50, $289.25, $150.30, and $327.00. Find the end-of-the-month balance in his account.

Answer 1

The answer is $1,169.35

Explanation:

Deposits is when you put money into your account, so, you'll add what he deposits. which will be $2,242.4, Next when he writes a check it means he took money out of his account so you'll subtract. You'll add up the amount of checks he wrote and subtract your answer with the deposits so, $2,243.4, - $1,074.05 = 1,169.35 and thats how you get your answer.