megan used a reconciliation worksheet provided by her bank. line 5 should equal line 6 at the end of the…

megan used a reconciliation worksheet provided by her bank. line 5 should equal line 6 at the end of the reconciliation, but it does not.\nfriendly bank reconciliation worksheet\n| | amount |\n|--|--|--|\n| 1. enter the statement closing balance. | $487 13 |\n| 2. enter the sum of any outstanding deposits or credits. | $186 68 |\n| 3. add lines 1 and 2. | $673 81 |\n| 4. enter the sum of any outstanding checks or debits. | $174 01 |\n| 5. subtract line 4 from line 3. | $499 80 |\n| 6. enter your checkbook balance. | $362 60 |\nnote: lines 5 and 6 should be equal at the end of the reconciliation.\nmegan wants to first look for a single transaction that could have caused this problem with reconciliation. what is the amount of the transaction that megan should look for in order to find a solution to the problem?\n a. $325.79\n b. $137.20\n c. $12.67\n d. $313.20
Answer
Explanation:
Step1: Identify the amounts on line 5 and line 6
Line 5 amount: $499.80$, Line 6 amount: $362.60$
Step2: Calculate the difference
$499.80 - 362.60=137.20$
Answer:
b. $137.20$