Peter claims that the difference between the total amount of the debits and deposits are less than 14000 , verify using calculations, if his claim is correct.

Question

* credit 19000
*debit 4335,97

Answer 1

To verify Peter's claim, we need to subtract the total debit amount from the total credit amount and check if the difference is less than 14000.

Total debit amount = 4335.97
Total credit amount = 19000

Difference = Total credit amount - Total debit amount
Difference = 19000 - 4335.97
Difference = 14664.03

Since the difference (14664.03) is greater than 14000, Peter's claim is incorrect.