Question

Arlene's register shows a deposit of 10/4 in the amount of $412.45, an ATM withdrawal on 10/5 in the amount of $80.00, and check #393 on 10/9 in the amount of $348.47. What should the balance be in Arlene's register? Use this bank statement.

A: $571.89
B: $588.49
C: $722.96
D: $726.03

Answer 1

Answer: B. $588.49

Explanation:

Arlene's ending balance on 10/3 is $604.51

On 10/4 she makes a deposit (+) of $412.45

On 10/5 she makes an ATM withdrawal (-) of $80.00

And on 10/9 a check (-) of $348.47

$604.51+ $412.45- $80.00- $348.47= $588.49