select the correct answer. which of these people has balanced their checkbook correctly? a. gary: the…

select the correct answer. which of these people has balanced their checkbook correctly? a. gary: the balance in his check register is $500 and the balance in his bank statement is $500. b. gail: the balance in her check register is $400 and the balance in her bank statement is $500. c. gavin: the balance in his check register is $500 and the balance in his bank statement is $510.

select the correct answer. which of these people has balanced their checkbook correctly? a. gary: the balance in his check register is $500 and the balance in his bank statement is $500. b. gail: the balance in her check register is $400 and the balance in her bank statement is $500. c. gavin: the balance in his check register is $500 and the balance in his bank statement is $510.

Answer

Explanation:

Step1: Understand balanced checkbook

A balanced checkbook means the balance in the check - register matches the balance in the bank statement.

Step2: Analyze each option

  • Option A: Gary has a balance of $500 in his check register and $500 in his bank statement. They match.
  • Option B: Gail has $400 in her check register and $500 in her bank statement. They don't match.
  • Option C: Gavin has $500 in his check register and $510 in his bank statement. They don't match.

Answer:

A. Gary: The balance in his check register is $500 and the balance in his bank statement is $500.