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To determine the current balance after a series of transactions, we can follow a detailed, step-by-step approach. Let’s walk through each transaction and update the balance accordingly:
1. Starting Balance:
- The beginning balance is \[tex]$2715.48. This is the initial amount before any transactions are applied. - So, the balance at the start is \$[/tex]2715.48.
2. First Transaction:
- Date: 3/19
- Description: Water Bill
- Amount (Debit): \[tex]$36.59 - This transaction will decrease the balance. We subtract the debit amount from the starting balance. Calculations: \[ 2715.48 - 36.59 = 2678.89 \] - So, after the first transaction, the balance is \$[/tex]2678.89.
3. Second Transaction:
- Date: 3/22
- Description: Garbage Service
- Amount (Debit): \[tex]$42.48 - This transaction will also decrease the balance. We subtract this debit amount from the balance after the first transaction. Calculations: \[ 2678.89 - 42.48 = 2636.41 \] - So, after the second transaction, the balance is \$[/tex]2636.41.
4. Matching the Calculated Balance with Given Options:
- The calculated balance after both transactions is \[tex]$2636.41. - We need to see which of the provided options match this balance: - \$[/tex]2257.99
- \[tex]$2337.06 - \$[/tex]3014.83
- \[tex]$3057.31 Upon checking, the balance of \$[/tex]2636.41 is not in the provided list of options. Therefore, none of the given balances match the calculated balance.
Summary:
- After the first transaction (Water Bill of \[tex]$36.59), the balance is \$[/tex]2678.89.
- After the second transaction (Garbage Service of \[tex]$42.48), the balance is \$[/tex]2636.41.
- None of the provided balance options match the final calculated balance of \$2636.41.
1. Starting Balance:
- The beginning balance is \[tex]$2715.48. This is the initial amount before any transactions are applied. - So, the balance at the start is \$[/tex]2715.48.
2. First Transaction:
- Date: 3/19
- Description: Water Bill
- Amount (Debit): \[tex]$36.59 - This transaction will decrease the balance. We subtract the debit amount from the starting balance. Calculations: \[ 2715.48 - 36.59 = 2678.89 \] - So, after the first transaction, the balance is \$[/tex]2678.89.
3. Second Transaction:
- Date: 3/22
- Description: Garbage Service
- Amount (Debit): \[tex]$42.48 - This transaction will also decrease the balance. We subtract this debit amount from the balance after the first transaction. Calculations: \[ 2678.89 - 42.48 = 2636.41 \] - So, after the second transaction, the balance is \$[/tex]2636.41.
4. Matching the Calculated Balance with Given Options:
- The calculated balance after both transactions is \[tex]$2636.41. - We need to see which of the provided options match this balance: - \$[/tex]2257.99
- \[tex]$2337.06 - \$[/tex]3014.83
- \[tex]$3057.31 Upon checking, the balance of \$[/tex]2636.41 is not in the provided list of options. Therefore, none of the given balances match the calculated balance.
Summary:
- After the first transaction (Water Bill of \[tex]$36.59), the balance is \$[/tex]2678.89.
- After the second transaction (Garbage Service of \[tex]$42.48), the balance is \$[/tex]2636.41.
- None of the provided balance options match the final calculated balance of \$2636.41.
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