A bank statement has a beginning balance of $5,491.56, total debits of $1,130.00, and an ending balance of $5,329.53. What is the difference between the beginning balance and the ending balanc

Question

16-10-2019
Social Studies

contestada

A bank statement has a beginning balance of $5,491.56, total debits of $1,130.00, and an ending balance of $5,329.53. What is the difference between the beginning balance and the ending balanc

Respuesta :

Otras preguntas

How do you solve the equation 3(1+x)=-3(x+1)

2. Focusing on African-Americans, Discuss how and why African-Americans began to challenge and criticize the nation’s way of life in the 1960s. Were their criti

Using the Taylor rule, if inflation is 1 percent, desired inflation is 2 percent, and output is 2 percentage points below potential, the Fed should target a fed

-4+(-10t)/0.5+15 I got -9 but on my homework, the possible answers are a. 8 b. -8 c. 6 d. -6

Public expressions of grief should be considered abnormal and a sign of emotional weaknessa. Trueb. False

What is The law that says you must submit to a test for the presence of alcohol or drugs

Two forces, one of 100 ponds and the other 150 pounds act on the same object, at angles of 20°and 60°, respectively, withthe positive x-axis. Find the direction

Which of the following chemical reactions is an oxidation-reduction reaction? (2 points) NO + 2H2yields NH3 + H2O NaNO3 + LiF yields LiNO3 + NaF CaSO4 + 2KBr

In an experiment to estimate the acceleration due to gravity, a student drops a ball at a distance of 1 m above the floor. His lab partner measures the time it

A workstation manual is a source of information relating to which of the following?

ACCESS MORE

fatimakincsem fatimakincsem · Answer 1 · 2019-10-18T17:53:44+02:00

The difference between the beginning balance and the ending balance is the Credit of $162.03

Explanation:

The beginning balance of a bank statement is $5491.56

Total debits are $1130. In real life banking, debits mean deductions. So $1130 will be the deductions or withdrawals made through the account.

So Beginning balance less withdrawals or debits = $5491.56-1130= $4361.56

Now Ending balance is $5329.53. This means that some amount has been credited or deposited in the account which takes the balance from $4361.56 to $5329.53.

So this can be found out as follow:

$5329.53 - $4361.56 = $967.97.

So the difference between the beginning and the ending balance is $5491.56-$5329.53=$162.03, which can also be calculated as:

1130-967.97=162.03 Dollars.

Learn more about Financial Accounts:

brainly.com/question/10708516

brainly.com/question/8529520

#LearnWithBrainly