bridget101
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peter made two transactions today at his bank. what can the sum -47.27 plus 598= 550.73  mean in terms of peters bank account? i need help!!



Answer :


Its actually $598.00-47.27 = 550.73 He had a negative balance in his account of $ 47.27 so the bank took out the difference from his deposit of $ 598.00 and it left him the balance of $ 550.73
abiolataiwo2015

Assuming peter made two transactions today at his bank. The sum -47.27 plus 598= 550.73  mean that:Peter withdraw $47.27 and deposited $598 , increasing his balance by $550.73.

Debit and credit

Amount withdraw=$47.27

Amount deposited=$598

Availbale balance=$550.73

($598.00-$47.27)

Thus, Based on the above calculation assuming he withdraw $47.27 and deposited $598  his balance will increase by $550.73.

Learn more about debit and credit here:https://brainly.com/question/24164976

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