Eliza Savage Received A statement from her bank showing a checking account balance of $324.18 as of January 18. Her own check book shows a balance of $487.38 as of January 29. The bank returned all of the cancelled checks by 3. The amounts of the checks were $15.00 ,$77.49 ,$124.28.how much did Elise deposit in her account between January 18 and January 29?

1 answer

To find out how much Eliza deposited in her account between January 18 and January 29, we first need to reconcile the balances shown in her bank statement and her checkbook.

Starting balance from the bank statement (January 18): $324.18
Ending balance from the checkbook (January 29): $487.38

Total amount of cancelled checks:
$15.00 + $77.49 + $124.28 = $216.77

Adjusted checkbook balance after subtracting cancelled checks:
$487.38 - $216.77 = $270.61

This adjusted balance of $270.61 should match the actual bank balance of $324.18 on January 18.

Therefore, the total amount Eliza deposited in her account between January 18 and January 29 is:
$270.61 - $324.18 = $53.57

Eliza deposited $53.57 in her account between January 18 and January 29.
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