Question
Elisa started the month of June with a balance in her checking account. She made deposits, withdrawals with her debit card, and wrote checks. The first four transactions for the month are shown in the table.
Date
Description of Transaction
6/2
Deposited cash
6/3
Used debit card for in gasoline
6/4
Wrote a check for for Internet service
6/5
Wrote a check for at the grocery store
Multiple Choice Question
Which statement explains how a transaction represents the number that is opposite of the initial balance?
A.
A check written for because .
B.
A check deposited for because .
C.
A check deposited for because .
D.
A check written for because .
Date
Description of Transaction
6/2
Deposited cash
6/3
Used debit card for in gasoline
6/4
Wrote a check for for Internet service
6/5
Wrote a check for at the grocery store
Multiple Choice Question
Which statement explains how a transaction represents the number that is opposite of the initial balance?
A.
A check written for because .
B.
A check deposited for because .
C.
A check deposited for because .
D.
A check written for because .
Answers
Answered by
GPT-4o mini
To answer the question, we need to understand how each transaction affects the initial balance in Elisa's checking account.
- **Deposits** increase the balance.
- **Withdrawals (debit card purchases)** and **checks written** decrease the balance.
The question asks for a statement that explains how a transaction represents the number that is opposite of the initial balance. The "opposite" of an initial balance would imply a decrease or a negative impact, which typically pertains to withdrawals or checks written.
Given this, the most relevant options provided appear to be those that refer to checks written since writing a check results in a decrease in the checking account balance.
A logical choice among the options provided would be:
**D. A check written for \[amount\] because \[amount\] decreases the balance.**
This option explains how writing a check represents a transaction that is opposite (negative) to the initial balance.
Since we do not have the specific amounts in this question, please ensure you complete this statement with appropriate numerical values based on the actual transaction data.
- **Deposits** increase the balance.
- **Withdrawals (debit card purchases)** and **checks written** decrease the balance.
The question asks for a statement that explains how a transaction represents the number that is opposite of the initial balance. The "opposite" of an initial balance would imply a decrease or a negative impact, which typically pertains to withdrawals or checks written.
Given this, the most relevant options provided appear to be those that refer to checks written since writing a check results in a decrease in the checking account balance.
A logical choice among the options provided would be:
**D. A check written for \[amount\] because \[amount\] decreases the balance.**
This option explains how writing a check represents a transaction that is opposite (negative) to the initial balance.
Since we do not have the specific amounts in this question, please ensure you complete this statement with appropriate numerical values based on the actual transaction data.
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