Select the correct answer. Faith started last week with $1,100 in her checking account. During the week, she wrote the checks below. On the 15th, Faith received a paycheck for $583.67. She recorded all of these transactions in her check register. Trans typ./ Check no. Date Description of Transaction Payment/ Debit (-) Deposit/ Credit (+) Balance 1,100 00 301 5/14 Miller's Food market 49.51 49 51 Groceries 1,050 49 Deposit 5/15 Paycheck 583.67 583 67 1,634 16 302 5/17 Speedy Auto Repair 144.85 144 85 Exhaust System Repairs 1,489 31 303 5/18 Sandra's Beauty Salon 25.00 25 00 Haircut and Styling 1,464 31 Evaluate Faith's check register. A. Faith did a good job; everything is correct. B. The final balance is wrong; Faith did not add everything correctly. C. Faith should have written debit instead of deposit for the transaction type. D. Faith should have written the deposit after the checks, not in between them.
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Select the correct answer. Faith started last week with $1,100 in her checking account. During the w...
Mathematics, 24.05.2021 17:50
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