Question

Brett tallies up the transactions in his check register and comes up with a total balance of $248.53, but his bank statement says that his balance is $257.72. Which of the following are still outstanding?

I. A $44.09 check to the electronics store
II. A $73.98 check to the mechanic
III. A $49.96 paycheck deposit
IV. A $64.79 check deposit from Brett’s cousin
a.
I and III
b.
II and III
c.
I and IV
d.
II and IV

Answer 1

$257.72-$248.53=9.19 was removed from his bank account (in total)that hasn’t processed it yet
A)44.09-49.96=-5.87. That would increase his balance and it doesn’t amount to the discrepancy so not a
B) 73.98-49.96=24.02 that would decrease his balance past where it is and doesn’t amount to the discrepancy so not b
C) 44.09-64.79=-20.70 That would increase his balance and it doesn’t amount to the discrepancy so not c
D)73.98-64.79=9.19 that matches!
The answer is D

Answer 2

The answer is D. II and IV