My bank account has the following entry. In the credit column (credit means mone
added to my account) there are 2 entries, 306 and 550. In the debit column (debit me
is taken out) there is one entry for 408. How much money is there in the bank?
Answers
Answered by
1
Answer:
448
Step-by-step explanation:
(306 + 550) - 408 = 856 - 408 = 448
HOPE IT HELPS YOU
Answered by
2
Answer:
the answer is 448.
because in first if the 2 amount 306 and 550 is credited means this is in ledger, therefore their is 2 debit entries in journal, which means increase in cash.
but after one debit entry means decrease in cash. therefore,
306 + 550 - 408 = 448
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