Look at the table below showing an example of a checkbook ledger.

\begin{tabular}{|l|l|l|l|l|l|}
\hline
Check Number & Date & Description & Amount Debited & Amount Credited & Balance \\
\hline
& 9/15 & Pharmacy & \[tex]$152.00 & & \$[/tex]219.80 \\
\hline
& 9/16 & Paycheck & & \[tex]$1,015.50 & \\
\hline
156 & 9/18 & Rent & \$[/tex]425.00 & & \\
\hline
& 9/18 & Dinner & \[tex]$22.30 & & \\
\hline
& 9/18 & Movie tickets & \$[/tex]26.75 & & \\
\hline
\end{tabular}

According to the table, what is Omar's bank balance?

A. \[tex]$761.25
B. \$[/tex]810.30
C. \[tex]$814.75
D. \$[/tex]1,186.25



Answer :

To determine Omar's bank balance, let's follow each transaction from the table step-by-step.

1. Initial Balance (9/15):
- Initial balance is \[tex]$219.80. 2. Paycheck (9/16): - A paycheck is credited for \$[/tex]1,015.50.
- New balance:
[tex]\[ 219.80 + 1015.50 = 1235.30 \][/tex]

3. Rent (9/18):
- Rent is debited for \[tex]$425.00. - New balance: \[ 1235.30 - 425.00 = 810.30 \] 4. Dinner (9/18): - Dinner is debited for \$[/tex]230.00.
- New balance:
[tex]\[ 810.30 - 230.00 = 580.30 \][/tex]

5. Movie Tickets (9/18):
- Movie tickets are debited for \[tex]$26.75. - Final balance: \[ 580.30 - 26.75 = 553.55 \] Therefore, Omar's bank balance is \$[/tex]553.55, which does not match any of the given options (\[tex]$761.25, \$[/tex]810.30, \[tex]$814.75, \$[/tex]1,186.25).

Without additional context or corrections to the data provided in the table (for example, checking if there's an entry mistake related to the amounts), the accurate calculated balance is \$553.55.

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