Question

In August Alison romike began with a checking account balance of $910.35. Her check payments and deposits for August are given in the chart below. Assuming no other transactions were made what was her account balance at the end of August. Checks:34.09, 23.76, 4.54. Deposits:87.64, 128.71.

Answer 1

To find Alison Romike's account balance at the end of August, we need to start with her initial balance and then account for her check payments and deposits.

1. **Starting Balance**: $910.35

2. **Total Checks (Payments)**:
- Check 1: $34.09
- Check 2: $23.76
- Check 3: $4.54

Total checks = $34.09 + $23.76 + $4.54 = $62.39

3. **Total Deposits**:
- Deposit 1: $87.64
- Deposit 2: $128.71

Total deposits = $87.64 + $128.71 = $216.35

4. **Calculate the new balance**:
- Subtract total checks from the starting balance:
\( 910.35 - 62.39 = 847.96 \)

- Add total deposits to the remaining balance:
\( 847.96 + 216.35 = 1064.31 \)

Thus, Alison's account balance at the end of August is **$1064.31**.