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

what is the ending balance on this account after these transfers are completed?\n| | |\n|--|--|\n| beginning balance | $700.00 |\n| 19 - jul | ach outgoing transfer | $(800.00) |\n| 20 - jul | incoming app transfer | $2,000.00 |\n| 23 - jul | ach incoming transfer | $40.00 |\n| 24 - jul | e - bill pay utilities | $(100.00) |

what is the ending balance on this account after these transfers are completed?\n| | |\n|--|--|\n| beginning balance | $700.00 |\n| 19 - jul | ach outgoing transfer | $(800.00) |\n| 20 - jul | incoming app transfer | $2,000.00 |\n| 23 - jul | ach incoming transfer | $40.00 |\n| 24 - jul | e - bill pay utilities | $(100.00) |

Answer

Explanation:

Step1: Subtract outgoing transfer

$700 - 800=- 100$

Step2: Add incoming app transfer

$-100 + 2000 = 1900$

Step3: Add incoming ACH transfer

$1900+40 = 1940$

Step4: Subtract e - bill payment

$1940-100 = 1840$

Answer:

$1840$