consider the following incomplete deposit ticket: deposit ticket cindy canta 9001 forgotten rd. broken, in…

consider the following incomplete deposit ticket: deposit ticket cindy canta 9001 forgotten rd. broken, in date october 19, 20~~ deposits may not be available for immediate withdrawal cindy canta sign here for cash received (if required)* dd bank 085212599 765 1234 which of the following are possible amounts for the third check and the cash that cindy deposited? a. no cash and a $303.68 check b. $140.50 in cash and a $267.14 check c. $99.32 in cash and a $155.55 check d. $122.04 in cash and a $205.64 check

consider the following incomplete deposit ticket: deposit ticket cindy canta 9001 forgotten rd. broken, in date october 19, 20~~ deposits may not be available for immediate withdrawal cindy canta sign here for cash received (if required)* dd bank 085212599 765 1234 which of the following are possible amounts for the third check and the cash that cindy deposited? a. no cash and a $303.68 check b. $140.50 in cash and a $267.14 check c. $99.32 in cash and a $155.55 check d. $122.04 in cash and a $205.64 check

Answer

Explanation:

Step1: Find the sum of known checks

The two known checks are $688.95$ and $93.44$. Their sum is $688.95 + 93.44=782.39$.

Step2: Find the total amount of the deposit

The total deposit amount after subtracting the cash - received ($285.68$) is $824.39$. So the total amount of checks and cash before subtracting cash - received is $824.39+285.68 = 1110.07$.

Step3: Calculate the sum of the third check and cash

Let the sum of the third check and cash be $x$. We know that $x+782.39=1110.07$. So $x=1110.07 - 782.39 = 327.68$.

Step4: Check each option

  • Option a: $0 + 303.68=303.68\neq327.68$.
  • Option b: $140.50+267.14 = 407.64\neq327.68$.
  • Option c: $99.32 + 155.55=254.87\neq327.68$.
  • Option d: $122.04+205.64 = 327.68$.

Answer:

D. $122.04$ in cash and a $$205.64$ check