Sure, let's analyze Jason's transactions in detail and figure out where the discrepancy comes from. To do so, we'll follow these steps:
1. List of Transactions and Classifications:
- Transaction A: Debit [tex]$50, Credit $[/tex]0
- Transaction B: Debit [tex]$30, Credit $[/tex]0
- Transaction C: Debit [tex]$0, Credit $[/tex]150
- Transaction D: Debit [tex]$0, Credit $[/tex]200
- Transaction E: Debit [tex]$80, Credit $[/tex]0
- Transaction F: Debit [tex]$20, Credit $[/tex]0
2. Calculate Total Debit:
- Sum of all Debits:
[tex]\[
50 + 30 + 80 + 20 = 180 \; (\$)
\][/tex]
3. Calculate Total Credit:
- Sum of all Credits:
[tex]\[
150 + 200 = 350 \; (\$)
\][/tex]
4. Calculate Balance:
- Balance is the total Credits minus the total Debits:
[tex]\[
350 - 180 = 170 \; (\$)
\][/tex]
5. Determine the Discrepancy:
- Assuming Jason’s expected balance is [tex]$500, we need to find out the discrepancy:
\[
\text{Discrepancy} = \text{Expected Balance} - \text{Actual Balance}
\]
\[
\text{Discrepancy} = 500 - 170 = 330 \; (\$[/tex])
\]
By carefully reviewing the records and our calculations:
- Total Debit: [tex]\( 180 \; (\$) \)[/tex]
- Total Credit: [tex]\( 350 \; (\$) \)[/tex]
- Actual Balance: [tex]\( 170 \; (\$) \)[/tex]
- Discrepancy: [tex]\( 330 \; (\$) \)[/tex]
Thus, the discrepancy arises from the difference between Jason’s expected balance and his actual balance after considering all transactions.
