look at the table below showing an example of a checkbook ledger. adrienene has several receipts from recent…

look at the table below showing an example of a checkbook ledger. adrienene has several receipts from recent transactions that she entered in her records. the receipts include an atm receipt for a $60.00 withdrawal (plus a $2.00 transaction fee), a grocery store receipt for $32.50, and a $1,200 paycheck deposit slip. when she finishes entering her transactions, adrienene realizes that her balance is incorrect. assuming that adrienenes beginning account balance was $320.00, why is her balance incorrect? adrienene forgot to include the $2.00 atm transaction fee. adrienene did not use $320.00 as her starting balance. adrienene deducted $23.50 from her balance instead of $32.50. adrienene did not enter her atm withdrawal correctly.

look at the table below showing an example of a checkbook ledger. adrienene has several receipts from recent transactions that she entered in her records. the receipts include an atm receipt for a $60.00 withdrawal (plus a $2.00 transaction fee), a grocery store receipt for $32.50, and a $1,200 paycheck deposit slip. when she finishes entering her transactions, adrienene realizes that her balance is incorrect. assuming that adrienenes beginning account balance was $320.00, why is her balance incorrect? adrienene forgot to include the $2.00 atm transaction fee. adrienene did not use $320.00 as her starting balance. adrienene deducted $23.50 from her balance instead of $32.50. adrienene did not enter her atm withdrawal correctly.

Answer

Explanation:

Step1: Calculate correct balance

Starting balance is $320.00. ATM withdrawal is $60.00 + $2.00 = $62.00 (deduct), grocery is $32.50 (deduct), paycheck is $1200.00 (add). So correct balance is $320 - 62-32.5 + 1200=$1425.5$.

Step2: Analyze table balance

In the table, balance calculations seem to have errors. The $2.00 ATM transaction fee is not accounted for in the wrong - calculated balance in the table.

Answer:

Adrienne forgot to include the $2.00 ATM transaction fee.