Question

Erwin earns $ 2 , 100 per month. Her deductions amount to 26 % of her paycheck. How much does Erwin take home each month?

Answer 1

Answer:

Credit ⇒ 45

Debit ⇒ $30

Step-by-step explanation:

Credit = $45

Debit = $30

When an account balance increases it means that it has been credited and when it decreases, it has been debited.

The beginning balance here is $0 and the closing balance is $15.

There were 2 transactions, one credit and one debit.

For the closing balance to be $15, the Credit amount must have been $15 more than the Debit amount.