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

Answer:

$1, 481.198

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