Beggining balance: 1,451.50
Date credits debits
4/01 $455.10
4/01 $21.00
4/02 89.15
4/05 15.45
4/05 $50.00
4/07 $18.20.
Which of the following is the balance in this account at the end of the day on April 7?
A. 361.30
B. 802.60
C. 1,090.20
D. 1,812.8
Are there any debits?
Is all there is. Ms. Sue
It looks like all of the entries are credits. So add them all up and see if they total any of your answer choices.
To determine the balance in the account at the end of the day on April 7, we need to add up the debits and credits made on or before April 7 and subtract the total from the beginning balance.
Beginning balance: $1,451.50
Debits made on or before April 7:
- April 7: $18.20
Total debits: $18.20
Credits made on or before April 7:
- April 1: $455.10
- April 1: $21.00
- April 2: $89.15
- April 5: $15.45
- April 5: $50.00
Total credits: $630.70
To calculate the balance at the end of the day on April 7, we subtract the total debits from the total credits and then subtract the result from the beginning balance:
Ending balance = Beginning balance + Total credits - Total debits
Ending balance = $1,451.50 + $630.70 - $18.20
Ending balance = $2,064.00
Therefore, the correct option is D. 1,812.8