QUESTION IMAGE
Question
bill has $270.61 in his account before making any transactions. over the course of a week, bill makes the following transactions:
| transaction | debit ($) | credit ($) |
|---|---|---|
| electric bill | 112.53 | -- |
| groceries | 90.79 | -- |
| savings bond | -- | 50.00 |
| car payment | 225.65 | -- |
at the end of the week, how much money is in bills account?
a. $518.10
b. $156.70
c. $427.31
d. $608.89
Step1: Add initial amount and credits
$270.61 + 535.67+50.00=856.28$
Step2: Subtract debits
$856.28-(112.53 + 90.79+225.65)=856.28 - 428.97=427.31$
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c. $427.31$