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Mathematics

24 August, 09:13

Larry received the bank statement below.

Checking Account Statement

Account Number: 1234-1212

Checks date check no. amount

9/5 317 $58.29

9/16 319 $75.40

9/25 320 $121.57

Other Activity date transaction amount

9/11 Debit Card $33.52

9/15 Deposit $250.00

9/30 Deposit $250.00

Balances Opening Balance $750.00

Closing Balance $961.22

Larry's checkbook has a balance of $922.63. What is most likely the reason that Larry's balance is different from the bank's balance?

Answers below

Larry made a mistake in his addition.

The bank forgot to include fees.

Larry forgot to write down some deposits.

Check 318 was not cashed or deposited.