consider the following incomplete deposit slip:\n|description|amount ($)|\n|--|--|\n|cash, including…

consider the following incomplete deposit slip:\n|description|amount ($)|\n|--|--|\n|cash, including coins|150.75|\n|check 1|564.81|\n|check 2|2192.43|\n|check 3|4864.01|\n|subtotal|??????|\n|less cash received|??????|\n|total|7050.50|\nhow much cash did the person who filled out this deposit slip receive?\n a. $849.25\n b. $715.56\n c. $7,621.53\n d. $721.50

consider the following incomplete deposit slip:\n|description|amount ($)|\n|--|--|\n|cash, including coins|150.75|\n|check 1|564.81|\n|check 2|2192.43|\n|check 3|4864.01|\n|subtotal|??????|\n|less cash received|??????|\n|total|7050.50|\nhow much cash did the person who filled out this deposit slip receive?\n a. $849.25\n b. $715.56\n c. $7,621.53\n d. $721.50

Answer

Explanation:

Step1: Calculate the subtotal of all deposits

Add the amounts of cash and checks: $150.75 + 564.81+2192.43 + 4864.01=$7772.00$

Step2: Find the cash received

Let the cash received be $x$. We know that subtotal - cash received=total. So $x = 7772.00 - 7050.50=$721.50$

Answer:

d. $721.50$