Let's analyze the given question step-by-step to find the final balance after considering all transactions, even though in this case, there are no transactions recorded.
1. Starting Balance:
We begin with an initial balance of [tex]\( \$652.36 \)[/tex].
2. Debits:
According to the table, there are no debits listed that would decrease the balance. Hence, the total debit is [tex]\( \$0 \)[/tex].
3. Deposits:
Likewise, there are no deposits recorded in the table that would increase the balance. Therefore, the total deposits amount to [tex]\( \$0 \)[/tex].
4. Final Balance:
The final balance is calculated using the formula:
[tex]\[
\text{Final Balance} = \text{Initial Balance} + \text{Total Deposits} - \text{Total Debits}
\][/tex]
Plugging the respective values:
[tex]\[
\text{Final Balance} = 652.36 + 0 - 0
\][/tex]
Simplifying this, we get:
[tex]\[
\text{Final Balance} = 652.36
\][/tex]
Summary:
- Initial Balance: [tex]\( \$652.36 \)[/tex]
- Total Debits: [tex]\( \$0 \)[/tex]
- Total Deposits: [tex]\( \$0 \)[/tex]
- Final Balance: [tex]\( \$652.36 \)[/tex]
So, the balance remains [tex]\( \$652.36 \)[/tex] after considering no additional transactions.
