kurts ending balance on april 30 was $331.36. add or subtract the items in his check register, shown below…

kurts ending balance on april 30 was $331.36. add or subtract the items in his check register, shown below, to find his balance on may 30.\ndate type description amount\n05/01 check #478 car payment $186.47\n05/05 debit groceries $66.42\n05/08 deposit paycheck $279.62\n05/15 deposit tax return $95.02\n05/29 check #479 insurance $160.00\nassuming this record is complete, what is kurts ending balance?\na. $369.61\nb. $359.53\nc. $293.11\nd. $274.59

kurts ending balance on april 30 was $331.36. add or subtract the items in his check register, shown below, to find his balance on may 30.\ndate type description amount\n05/01 check #478 car payment $186.47\n05/05 debit groceries $66.42\n05/08 deposit paycheck $279.62\n05/15 deposit tax return $95.02\n05/29 check #479 insurance $160.00\nassuming this record is complete, what is kurts ending balance?\na. $369.61\nb. $359.53\nc. $293.11\nd. $274.59

Answer

Explanation:

Step1: Subtract car - payment

$331.36−186.47 = 144.89$

Step2: Subtract grocery expense

$144.89−66.42 = 78.47$

Step3: Add paycheck deposit

$78.47 + 279.62=358.09$

Step4: Add tax - return deposit

$358.09 + 95.02 = 453.11$

Step5: Subtract insurance payment

$453.11−160.00 = 293.11$

Answer:

C. $293.11$