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2 November, 19:41

Mia's bank statement shows a closing balance of $75.65. There are no outstanding checks or deposits. Her checkbook shows a balance of $77.95. What might account for the different balances?

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Answers (2)
  1. 2 November, 22:19
    0
    Answer choices are:

    A. Interest earned in the amount of $1.35

    B. Monthly service fee $2.30

    C. Transposing of numbers

    D. None of the above

    Correct answer choice is:

    B. Monthly service fee $2.30

    Explanation:

    Given dа ta:

    Closing balance = $75.65

    Checkbook balance = $77.95

    The difference in balances = Checkbook balance - Closing balance

    The difference in balances = $77.95 - $75.65

    The difference in balances = $2.30
  2. 2 November, 23:16
    0
    Monthly service fee of $2.30
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