53.2k views
0 votes
Alexandra's bank statement shows a closing balance of $130.68. There are no outstanding checks or deposits. Her checkbook shows a balance of $127.93. What might account for the different balances?

User TBB
by
8.2k points

2 Answers

5 votes

Answer:

Interest earned in the amount of $2.75

Explanation:

a.p.e.x

User Cantera
by
8.6k points
4 votes

Answer:

Interest amount is credited

Explanation:

Alexandra's checkbook shows a balance of $127.93

and her bank statement shows a closing balance of $130.68

The difference of balances = 130.68 - 127.93 = $2.75

In bank statement, one transaction $2.75 was credited is more.

If there are no outstanding checks or deposits. It might be interest amount given by bank for her balance.

User HPP
by
8.8k points
Welcome to QAmmunity.org, where you can ask questions and receive answers from other members of our community.

9.4m questions

12.2m answers

Categories