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.

1 answer

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.