Question

Select the correct answer. Leslie started last week with $1200 in her checking account. During the week, she wrote the checks below. Trans typ./ Check no. Date Description of Transaction Payment/ Debit (-) Deposit/ Credit (+) Balance 1,200 00 324 10/6 Miller's Food Market 45.87 45 87 Groceries 1,154 13 325 10/7 Cyber Center Computer Outlet 218.59 218 59 Monitor 935 54 326 10/9 Sandy's Beauty Salon 30.00 30 00 Haircut and Styling 900 59 Deposit 10/10 Paycheck 621.33 621 33 1,621 92 Evaluate Leslie's check register. A. Leslie did a good job. Everything is correct. B. The final balance is wrong; she did not add everything correctly. C. Leslie should have written debit instead of deposit for the transaction type. D. Leslie switched the debit and credit columns.

Answer 1

Leslie's check register contains an error in the final balance due to incorrect subtraction. By correcting the transactions, we can see that the actual final balance should be $1526.87, not the $1621.92 listed. Therefore correct option is B

Step-by-step explanation:

The question involves evaluating Leslie's check register to determine if the final balance is correct, given a series of transactions. After starting with a balance of $1200, Leslie wrote three checks and made a deposit:

• Check no. 324: $45.87 subtracted from $1200, resulting in a balance of $1154.13.
• Check no. 325: $218.59 subtracted from $1154.13, resulting in a balance of $935.54.
• Check no. 326: $30.00 subtracted from $935.54, leaving a balance of $905.54 (there appears to be a discrepancy here as the provided balance after this transaction is $900.59).
• Next, a deposit of $621.33 should increase the balance to $1526.87 (correcting the previous error).

Given this information, the final balance listed as $1621.92 is incorrect. Thus, the correct answer to the question is:

B. The final balance is wrong; she did not add everything correctly.