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

\begin{tabular}{|l|l|l|l|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
\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 :

Let's determine Omar's final bank balance by following the sequence of transactions shown in the table step-by-step.

1. Initial Balance:
Omar starts with an initial balance of \[tex]$219.80. 2. Pharmacy (`$[/tex]9 / 15`):
- Transaction: \[tex]$15.20 debited - New Balance: \$[/tex]219.80 (initial balance) - \[tex]$15.20 = \$[/tex]204.60

3. Paycheck (`[tex]$9 / 16`): - Transaction: \$[/tex]1015.50 credited
- New Balance: \[tex]$204.60 + \$[/tex]1015.50 = \[tex]$1220.10 4. Rent (`Check Number 156` on `9 / 18`): - Transaction: \$[/tex]425.00 debited
- New Balance: \[tex]$1220.10 - \$[/tex]425.00 = \[tex]$795.10 5. Dinner (`$[/tex]9 / 18`):
- Transaction: \[tex]$22.30 debited - New Balance: \$[/tex]795.10 - \[tex]$22.30 = \$[/tex]772.80

6. Movie Tickets (`[tex]$9 / 18`): - Transaction: \$[/tex]26.75 debited
- New Balance: \[tex]$772.80 - \$[/tex]26.75 = \[tex]$746.05 So, Omar's final bank balance is \$[/tex]746.05.

Now let's compare this balance to the given options:

1. \[tex]$761.25 2. \$[/tex]810.30
3. \[tex]$814.75 4. \$[/tex]1,186.25

None of the options match the calculated balance, which is \$746.05. It appears the closest options given, were not correct based on the transactions in the table.