To calculate:To find the change in balance after the below transactions −
Answer to Problem 2.5MPS
The change in balance is
Explanation of Solution
Given information:
Transactions −
Calculation:
Given:
Transactions −
The Check for Car payment was of amount
The first deposit
So, the Balance amount
Now, the check for Cell phone was of amount
So, the Balance amount
Now, the check for Gasoline was of amount
So, the Balance amount
Now, the second deposit
So, the Balance amount
Now, the check for Rent was of amount
So, the Balance amount
So, the change in balance amount
Change in balance amount
Thus, the change in balance amount is
Conclusion:
Change in balance amount is
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