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Yolanda's initial balance in her checking account was $234.45 on May 1. Balance the check register to determine the final balance in her checking account May 30.

Yolanda's initial balance in her checking account was $234.45 on May 1. Balance the-example-1
User Benoit Catherinet
by
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1 Answer

16 votes
16 votes

Given:

Initial balance = $234.45

Paycheck (Cr) = $917.00

Paycheck (Cr) = $917.00

Groceries, Dr. = $102.78

Credit card bill, Dr. = $322.20

Utility bill, Dr. = $129.29

Rent, Dr. = $510.00

Let's find the final balance in her checking account on May 30.

To find Yolanda's final balance, let's subtract the total withdrawal from the total deposit.

Thus, we have:

Total deposit and credit = initial balance + paycheck = $234.45 + $917.00 + $917.00 = $2068.45

Total withdrawal = groceries + credit card bill + utility bill + rent

Total withdrawal = $102.78 + $322.00 + $129.29 + $510.00 = $1064.07

To find the final balance, we have:

Final balance = Total deposit and credit - Total withdrawal

Final balance = $2068.45 - $1064.07 = $1004.38

Therefore, Yolanda's final balance is = $1004.38

ANSWER:

$1004.38

User Monkeydom
by
3.1k points
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