To identify which rent might be missing, we need to first calculate the total of the collected rents.
Here are the rent amounts:
- $565
- $600
- $650
- $650
- $723
- $725
- $715
- $800
- $900
Now we will add these amounts together:
\[ 565 + 600 + 650 + 650 + 723 + 725 + 715 + 800 + 900 = 7,838 \]
The total amount of rents collected is $7,838.
According to the bank reconciliation, only $5,038 was deposited.
To find out how much rent is missing, we will subtract the deposited amount from the total rent collected:
\[ 7,838 - 5,038 = 2,800 \]
Thus, we are missing a total of $2,800 from the deposit.
Next, we will check which combinations of the rents could sum up to $2,800. However, since the rents you collected are not very high on average, it’s unlikely that any single rent amount is missing – rather, it will probably involve the combination of some of them.
Let’s analyze the larger rent amounts since they are more likely to sum closely to $2,800:
If we sum all rents but the highest ones and explore combinations:
- Ignoring $900: \[ 565 + 600 + 650 + 650 + 723 + 725 + 715 + 800 = 5,733 \quad \text{(missing: $2,105)} \]
- Ignoring $800: \[ 565 + 600 + 650 + 650 + 723 + 725 + 715 + 900 = 6,033 \quad \text{(missing: $1,805)} \]
- Ignoring both $800 and $900: \[ 565 + 600 + 650 + 650 + 723 + 725 + 715 = 4,938 \quad \text{(missing: $2,900)} \]
Attempting combinations can be complicated, but since the largest rent is only $900.
If we were to guess, it may be that the rent amount of $800 or $900 was mistakenly left out. Let’s exclude two amounts $900 and $725, we check:
\[ 565 + 600 + 650 + 650 + 723 + 715 = 3,613 \quad \text{(missing: $2,225)} \]
Upon checking systematically, you find identifying smaller gaps might help yield quicker results.
Summarily, if $800 or $900 was unaccounted in the further scenarios. In summary, approximating calculations conclude towards neglect over higher ranges like $800 or $900 being most probable to yield missing amounts.
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