The following exercises are Bank Statement Analysis.
7) Based on the information provided, the correct balance after the withdrawal of $32 is $ -117.77. This is the balance as of 07/15/2020 after the Fee for Overdraft was removed.
8) The total credits is (645.3 + 645.30) = 1,290.60
9) The total debits is $ 744.49
That is: $ (158.25+168.36+157.42+32.00+148.46+80) = $744.49
10) The total balance after ATM withdrawal is $ 944.37. This is arrived at by adding and subtracting the various debits.
That is: $(-85.77-32.00+645.30-148.46+645.30-80) = $ 944.37
11) The starting balance before John paid the plumber on 07/50 is $398.26. It is arrived at by adding the balance after payment and the amount paid which are: 240.01 + 158.25 = 398.26
12) The name of the transaction that resulted in an overdraft that resulted in a negative balance is AutoPay - Phone Company. The credit balance in the account before the withdrawal was $71.65 while the total fee paid was $157.42.
<h3>What is a Bank Statement Analysis?</h3>
Bank Statement Analysis refers to the evaluation of all financial transactions that occurred over a given time period on a bank account using the bank statement.
Typically, the bank transactions are either Credit or Debit transactions.
See the link below for more about Bank Statement:
brainly.com/question/15525383
