Question

Last month, Katherine received her January bank statement in the mail, showing a balance of $1518.78. The following were not shown on the statement: a deposit of $125.788 and debit charges that she made for $49.44 and $113.93. What is Katherines adjusted balance?

Answer 1

$1, 481.198

Step-by-step explanation:

Katherine's adjusted balance is the balance at the bank after considering the omitted transactions.

Balance as per bank: $1,518.78.

Add omitted deposit: $125.788

$ 1, 644.568

less debit charges

( $49.44+$113.93) $163.37

$ 1,481. 198

Adjusted balance $ 1,481. 198