QUESTION IMAGE
Question
judith keeps this financial record:
| date | description | received | expenses | available funds |
|---|---|---|---|---|
| 12/15 | grocery bagger | $49.50 | $248.80 | |
| 12/18 | wrapping paper | $5.15 | $243.65 | |
| 12/28 | robot kit | $ | $ | $ |
on december 28, judith bought a robot kit for $42.40. complete that row in the record.
Step1: Set received amount to 0
No income on 12/28, so Received = $\$0.00$
Step2: Set expense amount
Robot kit cost = $\$42.40$, so Expenses = $\$42.40$
Step3: Calculate available funds
Subtract expense from prior balance: $\$243.65 - \$42.40 = \$201.25$
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Received: $\$0.00$, Expenses: $\$42.40$, Available Funds: $\$201.25$