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Austin used his hone to look up his bank statements. Some of the pixels at a comer of his atone do not
disolay properly and Austin does not want to bother with getting it fixed. Use his bank statement to
answer the following questions.
7) What balance should be entered on 7/319
B; What should be entered for the total credits?
9.) What should be entered for the total debits?
10.) What should be entered for the ending balance after the ATM Withdrawal on 08/06P
11.1 What was the starting balance before John paid the plumber on 07/050
12. What was the name of the transaction that caused an overdraft that resulted in a negative balance?
What was the amount?

Austin Used His Hone To Look Up His Bank Statements Some Of The Pixels At A Comer Of His Atone Do Not Disolay Properly And Austin Does Not Want To Bother With G class=

Sagot :

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The following exercises are Bank Statement Analysis.

7) Based on the information provided, the correct balance after the withdrawal of $32 is $ -117.77. This is the balance as of 07/15/2020 after the Fee for Overdraft was removed.

8) The total credits is (645.3 + 645.30) = 1,290.60

9) The total debits is $ 744.49

That is:  $ (158.25+168.36+157.42+32.00+148.46+80) = $744.49

10) The total balance after ATM withdrawal is $ 944.37. This is arrived at by adding and subtracting the various debits.

That is: $(-85.77-32.00+645.30-148.46+645.30-80) = $ 944.37

11) The starting balance before John paid the plumber on 07/50 is $398.26. It is arrived at by adding the balance after payment and the amount paid which are: 240.01 + 158.25 = 398.26

12) The name of the transaction that resulted in an overdraft that resulted in a negative balance is AutoPay - Phone Company. The credit balance in the account before the withdrawal was $71.65 while the total fee paid was $157.42.

What is a Bank Statement Analysis?

Bank Statement Analysis refers to the evaluation of all financial transactions that occurred over a given time period on a bank account using the bank statement.  

Typically, the bank transactions are either Credit or Debit transactions.

See the link below for more about Bank Statement:
https://brainly.com/question/15525383

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