lab6
Answered

Using the following information, answer the questions below.




Choose true or false.


The check issued on 2/17 was for $104.92.


The deposits on 2/22 and 3/8 were for different amounts.


There were several service charges for $5.50 against the account.


The new ending balance is larger than the last ending balance.


There were eleven checks written during this period.

Using the following information, answer the questions below. Choose true or false. The check issued on 2/17 was for 104.92. The deposits on 2/22 and 3/8 were fo class=

Verified Answer :

texaschic101

check issued on 2/17 was 104.92.....TRUE
deposits on 2/22 and 3/8 were diff amounts...FALSE
several service charges for 5.50....FALSE
ending balance was larger then last....TRUE
11 checks written...FALSE

Answer:

1) The check issued on 2/17 was for $104.92 = TRUE

2)The deposits on 2/22 and 3/8 were for different amounts. = FALSE

3)There were several service charges for $5.50 against the account.  = False

4) The new ending balance is larger than the last ending balance. = TRUE

5)There were eleven checks written during this period. = FALSE

Step-by-step explanation:

Solution :

1) The check issued on 2/17 was for $104.92 = TRUE

Yes it is true . It is given in the table that The check issued on 2/17 was for $104.92 .

2)The deposits on 2/22 and 3/8 were for different amounts. = FALSE

The deposits on 2/22 and 3/8 were for $506.28 amounts . Since the amount is same on both the dates so given statement is false.

3)There were several service charges for $5.50 against the account.  = False

Yes it is false . It is given in the table that the service charge is $5.50 for one service.

4) The new ending balance is larger than the last ending balance. = TRUE

Yes because the last ending balance was $647.52 and the new ending balance is $700.60

5)There were eleven checks written during this period. = FALSE

Yes it is false because There were ten checks written during this period

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