Amy wrote a check for $32 to pay her monthly electricity bill, but when balancing her checkbook, she accidentally recorded it as a credit rather than as a debit. How will her check register compare to her monthly bank statement when she receives it?
2 answers:
Her check register will have a surplus of 64 dollars compared to her actual balance. example 100 +32 = 132 (incorrect) 100 -32 = 68 (correct) 132 -68 = 64 surplus
Answer:
Amy's check register will show a change of $64 in her monthly bank statement.
Step-by-step explanation:
Amy writes $32 mistakenly as her credit in her check register, but it was a debit value.
So, when the monthly bill will come, the bank statement will show $64 less than her check register.
The check register will have $64 amount more credit as she was to debit $32 but she credited $32 more.
That becomes dollars.
Hence,the check register will show more money than the bank statement.
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