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The Opening Balance in Your Checking Account Was $1000

Question 19

Multiple Choice

The opening balance in your checking account was $1000.During the month you had the following activity: wrote two checks for $45.00 and $75.00 but only the first one cleared; had two debit card transactions for $50 and $35.20; received a bank charge for the account of $6,deposited a check you received from a friend for $100 but it did not clear by month end.What is your month end account balance?


A) $1052.13
B) $875.45
C) $863.80
D) $888.80

Correct Answer:

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