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Carol Carter compares her checkbook register, cancelled checks, and bank statement which shows a balance of $244.50. She finds two outstanding checks for $55.25 and $ 24.01. There is also an outstanding deposit of $120. What is her adjusted balance?


A.) $45.24

B.) $203.76

C.) $285.24

D.) $443.75

Verified Answer :

$285.24.
Hope this helps!

Answer:

Her adjusted balance is $285.24

Step-by-step explanation:

Given :  Balance in account  $244.50

            She has two outstanding checks of amount $55.25 and $24.01

             An outstanding deposit of $120.

Solution :

BALANCE =  $244.50

Since , She has two outstanding checks of amount $55.25 and $24.01

After the clearance of both the checks the new balance will be :

⇒$244.50-$55.25-$24.01

⇒$165.24

Now, . There is also an outstanding deposit of $120.

So, the new balance will be:

$165.24+$120

⇒$285.24