Question

Eliza Savage received a statement from her bank showing a checking account balance of $324.18 as of January 18. Her own checkbook shows a balance of $487.38 as of January 29. The bank returned all of the cancelled checks but three. The amounts of these three checks are $15.00, $77.49, and $124.28. How much did Eliza deposit in her account between January 18 and January 29?

Answer 1

Eliza started out with $324.18 on Jan. 18th and had outstanding cheques of $15.00+77.49+$124.28=$216.77. So her actual balance was $324.18-$216.77=$107.41. Now she has $487.38 so $487.38-$107.41=$379.97 balance for the deposited amount.