Lynn had an opening balance of $179.30 in her checking account.
She made deposits of $432 and had bank charges of $5.35. If her
closing balance was $353.82, how much did she write in checks?
a. $625.89
b. $258.05
c. $262.83
d. $252.13
We can start by using the formula:
Closing balance = Opening balance + Deposits - Bank charges - Checks
Plugging in the given values, we get:
$353.82 = $179.30 + $432 - $5.35 - Checks
Simplifying and solving for Checks, we get:
Checks = $625.89
Therefore, the answer is (a) $625.89.