Maggie noticed that her financial record is missing information. She recalls that on October 15th, she purchased gasoline in the
amount of $32.51 and on October 16th, she and her friends went out for dinner, where she spent $25.62. Given this information,
and the image below, determine her balance as of October 26th.
Date Description
Transaction Deposit
Balance
Amount (-) Amount(*)
$251.10
10/5
Deposit - paycheck
$162.32
$413.42
10/14
Transfer to checking
$353.29
$60.13
10/25 Deposit - tuition re-imbursement
$110.16
$170.29
$120.16
10/30 Transfer to checking
$50.13
a $112.16
b. $62.03
c. $27.62
d. $2.00

According to her transaction, as at 14th October, her balance was $60.13. Since her transaction wasn't reflecting for 15th and 16th, we need to rectify the issue by including it in her statement of account.

Note that the two transactions she made on this days was a debit as such the totality of the money for those days will be removed from her balance from 14th October. This will give us;

$60.13- ($32.51+$25.62)

= $60.13 - $58.13

= $2.00

This $2.00 shows her balance on 16th October. Since no transaction was made till 25th of October where tuition reimbursement was made, her bal on the 25th will be;

= $110.16 + $2.00

= $112.16

Since her final transaction was on the 30th, her balance will still be the same on the 26th of October i.e $112.16.