Marie Hernandez’s checking account balance is $250.65. She then writes check #346 on July 14 in the amount of $21.95 for a bathi
ng suit. On July 16 she writes check #347 for $48.50 to cover her bus fare. Check #348 to the Sunset Motel is for $75.60. She deposits $55.00 on July 18 when she returns from her weekend vacation. Use the figure below to list all transactions and calculate Marie’s new balance.
Marie's new balance will be calculated as amount spent from July 14th to 16th ($21.95 + $48.50 + $75.60) - account balance ($250.65) = $104.60, then we add the deposit of $55.00 credited on the July 18th, which makes a new balance of $159.60.