what is the ending balance on this account after these transfers are completed?\n|beginning…

what is the ending balance on this account after these transfers are completed?\n|beginning balance|$1,200.00|\n|19 - jul|ach outgoing transfer|$(800.00)|\n|20 - jul|incoming app transfer|$1,600.00|\n|23 - jul|ach incoming transfer|$50.00|\n|24 - jul|e - bill pay utilities|$(105.00)|

what is the ending balance on this account after these transfers are completed?\n|beginning balance|$1,200.00|\n|19 - jul|ach outgoing transfer|$(800.00)|\n|20 - jul|incoming app transfer|$1,600.00|\n|23 - jul|ach incoming transfer|$50.00|\n|24 - jul|e - bill pay utilities|$(105.00)|

Answer

Explanation:

Step1: Subtract outgoing transfer

$1200 - 800=400$

Step2: Add incoming app transfer

$400 + 1600 = 2000$

Step3: Add ACH incoming transfer

$2000+50 = 2050$

Step4: Subtract e - bill payment

$2050-105 = 1945$

Answer:

$1945$