Question

George tallies up the transactions in his check register and comes up with a total balance of $221.57, but his bank statement says that his balance is $203.73. Which of the following are still outstanding?

I. A $20.25 check to the florist
II. A $14.29 check to the dry cleaners
III. A $38.09 check deposit
IV. A $19.05 money order deposit
a.
I and III
b.
I and IV
c.
II and III
d.
II and IV

Answer 1

A would be correct

Explanation:

Since we have given that

Total balance =$221.57

But,

The bank statement shows total balance= $203.73

Difference between them is still outstanding is given by

when we consider the option (a),

(which says I and III)

$20.25 check to the florist and $38.09 check deposit

So, it becomes in total

So, these two things are still outstanding because of this there is difference in balance.

Answer 2

Answer: Option 'a' is correct.

Explanation:

Since we have given that

Total balance =$221.57

But,

The bank statement shows total balance= $203.73

Difference between them is still outstanding is given by

`221.57-203.73=\$17.84`

when we consider the option (a),

(which says I and III)

$20.25 check to the florist and $38.09 check deposit

So, it becomes in total

`38.09-20.25=\$17.84`

So, these two things are still outstanding because of this there is difference in balance .

So, option 'a' is correct.