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

\begin{tabular}{|l|lll|l|l|}
\hline
\begin{tabular}{l}
Check \\
Number
\end{tabular} & Date & Description & \begin{tabular}{l}
Amount \\
Debited
\end{tabular} & \begin{tabular}{l}
Amount \\
Credited
\end{tabular} & Balance \\
\hline
& [tex]$9 / 15$[/tex] & Pharmacy & [tex]$\$[/tex] 15.20[tex]$ & & $[/tex]\[tex]$ 219.80$[/tex] \\
\hline
& [tex]$9 / 16$[/tex] & Paycheck & & [tex]$\$[/tex] 1,015.50[tex]$ & \\
\hline
156 & $[/tex]9 / 18[tex]$ & Rent & $[/tex]\[tex]$ 425.00$[/tex] & & \\
\hline
& [tex]$9 / 18$[/tex] & Dinner & [tex]$\$[/tex] 22.30[tex]$ & & \\
\hline
& $[/tex]9 / 18[tex]$ & Movie tickets & $[/tex]\[tex]$ 26.75$[/tex] & & \\
\hline
& & & & & \\
\hline
\end{tabular}

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

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



Answer :

GinnyAnswer
Sure, let's go through Omar's checkbook ledger step by step to find his final bank balance.

1. Initial Balance on 9/15:
- The initial balance shown is [tex]\( \$219.80 \)[/tex].

2. Paycheck Credited on 9/16:
- Omar's paycheck of [tex]\( \$1,015.50 \)[/tex] is credited to his account.
- New balance after the paycheck is credited:
[tex]\[ 219.80 + 1015.50 = 1235.30 \][/tex]

3. Rent Debited on 9/18:
- Rent payment of [tex]\( \$425.00 \)[/tex] is debited from Omar's account.
- New balance after rent is debited:
[tex]\[ 1235.30 - 425.00 = 810.30 \][/tex]

4. Dinner Debited on 9/18:
- Dinner cost of [tex]\( \$22.30 \)[/tex] is debited from Omar's account.
- New balance after dinner is debited:
[tex]\[ 810.30 - 22.30 = 788.00 \][/tex]

5. Movie Tickets Debited on 9/18:
- Movie tickets cost [tex]\( \$26.75 \)[/tex] is debited from Omar's account.
- New balance after movie tickets are debited:
[tex]\[ 788.00 - 26.75 = 761.25 \][/tex]

Thus, Omar's final bank balance according to the ledger is:
[tex]\[ \boxed{761.25} \][/tex]

The correct answer is [tex]\( \$761.25 \)[/tex].

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