complete the following checkbook ledger. number of code date transaction description payment, fee…

complete the following checkbook ledger. number of code date transaction description payment, fee, withdrawal (-) deposit credit (+) balance $263.60 9777 9/5/2013 phone bill $52.70 $52.70 $210.90 9778 9/7/2013 medicine $91.42 $91.42 $ 9/9/2013 deposit $197.25 $197.25 $ 9779 9/12/2013 utility bill $75.54 $75.54 $ 9780 9/14/2013 video rental $8.95 $8.95 $ 9/9/2013 deposit $35.50 $35.50 $ > next question

complete the following checkbook ledger. number of code date transaction description payment, fee, withdrawal (-) deposit credit (+) balance $263.60 9777 9/5/2013 phone bill $52.70 $52.70 $210.90 9778 9/7/2013 medicine $91.42 $91.42 $ 9/9/2013 deposit $197.25 $197.25 $ 9779 9/12/2013 utility bill $75.54 $75.54 $ 9780 9/14/2013 video rental $8.95 $8.95 $ 9/9/2013 deposit $35.50 $35.50 $ > next question

Answer

Explanation:

Step1: Initial balance

The initial balance is $263.60$.

Step2: After phone - bill payment

Subtract the phone - bill amount from the initial balance. $263.60−52.70 = 210.90$.

Step3: After medicine payment

Subtract the medicine amount from the previous balance. $210.90−91.42 = 119.48$.

Step4: After first deposit

Add the deposit amount to the previous balance. $119.48 + 197.25=316.73$.

Step5: After utility - bill payment

Subtract the utility - bill amount from the previous balance. $316.73−75.54 = 241.19$.

Step6: After video - rental payment

Subtract the video - rental amount from the previous balance. $241.19−8.95 = 232.24$.

Step7: After second deposit

Add the deposit amount to the previous balance. $232.24+35.50 = 267.74$.

Answer:

Number of Code Date Transaction Description Payment, FEE, Withdrawal (-) Deposit Credit (+) Balance
9777 9/5/2013 Phone Bill $52.70$ $210.90$
9778 9/7/2013 Medicine $91.42$ $119.48$
9/9/2013 Deposit $197.25$ $316.73$
9779 9/12/2013 Utility Bill $75.54$ $241.19$
9780 9/14/2013 Video rental $8.95$ $232.24$
9/9/2013 Deposit $35.50$ $267.74$