Asked by Rishi Gowda on Jul 18, 2024
Verified
Ron and Annie have $1,239.45 in their checking account.During the week,Annie goes to an ATM and withdraws $80.The following week Ron deposits his paycheck of $689.65.Annie then pays bills online in the amounts of: $212.80,$55,$49.76,and $110.35.What is the current balance in their checking account?
Checking Account
A bank account that allows for the deposit and withdrawal of funds and is typically used for day-to-day transactions.
Pays Bills Online
The process of using internet banking or payment platforms to settle invoices or bills.
- Resolve differences between financial institution statements and individual accounting records.
Verified Answer
AP
Amankumar PatelJul 22, 2024
Final Answer :
$1,421.19;1,239.45 + 689.65 = 1,929.10;
1,929.10 - 212.80 - 55 - 49.76 - 110.35 - 80 = $1,421.19
1,929.10 - 212.80 - 55 - 49.76 - 110.35 - 80 = $1,421.19
Learning Objectives
- Resolve differences between financial institution statements and individual accounting records.