Question

Ferdinand wrote a check for $96 to pay his monthly cable bill, but when balancing his checkbook, he accidentally recorded it as a credit rather than as a debit?

Answer 1

What's your question?

Answer 2

how will his check register compare to his monthly bank statment when he receives it?

Answer 3

Well he'll have 2*96 = 192 dollars more than he actually does

Answer 4

thank you!

Answer 5

So say his balance is $1000

He writes the check for $96. He *should* have adjusted his balance to 1000 - 96 = 904 dollars

However, he added 96 to his balance by mistake making it 1000 + 96 = 1096 dollars

Answer 6

So in his check register, he'll have 1096 as the balance

but the bank statement will be 904

This is a 1096 - 904 = 192 dollar difference

Answer 7

Thank you! that helped!!

Answer 8

you're welcome