17. what is the balance as a result of having a credit of $84 and a debit of $29?
17. what is the balance as a result of having a credit of $84 and a debit of $29?
Answer
Explanation:
Step1: Define credit and debit
Credit is positive, debit is negative.
Step2: Calculate the balance
Balance = (84 - 297) [ \begin{align*} 84-297&=-(297 - 84)\ &=-213 \end{align*} ]
Answer:
(- 213)