Question
Sonia’s Salads has an opening checking account balance of $1,342.00. During the day, checks are written for $47.32, $233.95, $78.03, and $29.87. The night’s deposit is $1,765.88, and a transfer to savings is $945.00. What is the ending balance?
(1 point)
Responses
$1,773.71
$1,773.71
$2,335.44
$2,335.44
$2,718.71
$2,718.71
$2,750.71
(1 point)
Responses
$1,773.71
$1,773.71
$2,335.44
$2,335.44
$2,718.71
$2,718.71
$2,750.71
Answers
GPT-4o mini
To find the ending balance for Sonia’s Salads, we'll follow these steps:
1. Start with the opening balance:
**$1,342.00**
2. Subtract the total amount of checks written:
- Check amounts:
- $47.32
- $233.95
- $78.03
- $29.87
- Total checks = \( 47.32 + 233.95 + 78.03 + 29.87 = 389.17 \)
Calculate the balance after checks:
**$1,342.00 - $389.17 = $952.83**
3. Add the night’s deposit:
**$952.83 + $1,765.88 = $2,718.71**
4. Subtract the transfer to savings:
**$2,718.71 - $945.00 = $1,773.71**
Thus, the ending balance is:
**$1,773.71**
So the correct response is: **$1,773.71**.
1. Start with the opening balance:
**$1,342.00**
2. Subtract the total amount of checks written:
- Check amounts:
- $47.32
- $233.95
- $78.03
- $29.87
- Total checks = \( 47.32 + 233.95 + 78.03 + 29.87 = 389.17 \)
Calculate the balance after checks:
**$1,342.00 - $389.17 = $952.83**
3. Add the night’s deposit:
**$952.83 + $1,765.88 = $2,718.71**
4. Subtract the transfer to savings:
**$2,718.71 - $945.00 = $1,773.71**
Thus, the ending balance is:
**$1,773.71**
So the correct response is: **$1,773.71**.