Question

Magdala Santos's checkbook balance was $149.21 on October 5. Her check register shows

her transactions since then. What is her balance after each transaction?
Trans. Type Date Description of
or Check No.
Transaction
571
572
AT
10/6
10/9
Pettisville Flower
Deposit
10/10 Bookstore
10/19 Phone Company
Payment/
Debit (-)
Deposit/
Credit (+)
Balance Brought Forward
45 79
16 94
75 25
213 80
P
b.
C.
d.
Balance
149 21

Answer 1

Answer: b. $137.69

Explanation:

Start with the initial balance: $149.21 (Balance Brought Forward)

Add the deposits:

Pettisville Flower Deposit: +$45.79

Bookstore Deposit: +$16.94

149.21

+

45.79

+

16.94

=

212.94

149.21+45.79+16.94=212.94

Subtract the payment/debit:

Phone Company Payment/Debit: -$75.25

212.94

−

75.25

=

137.69

212.94−75.25=137.69