Question

1) Find the ending balance after these transactions: Transactions: A. Your

Answer 1

The ending balance after the transactions is; $59.25

How to determine ending balance

To determine the ending balance after a number of transactions;

• Let money inflow and balance be represented as positive.
• Let money outflow be represented as negative.

Therefore; Since starting balance is; $822.67; we have;

• $822.67 + $227.45 - $600.00 + $50 - $100 - $200 - $3.50 - $2.50 - $134.87.

The ending balance on the account is therefore; $59.25

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