Question

The current balance of Tami’s checking account is $237.80$. How do you find the new balance after Tami writes a check for $29.95$?

Answer 1

Hint: Now we know the balance in the account before writing the check is $237.80$ . Now after this Tami writes a check of $29.95$. Hence we can say that the amount $29.95$ is debited from the account. Hence we will subtract the amount debited from the original balance to find the new balance of the account.

Complete step by step answer:
Now we are given that the balance in Tami's checking account before writing the check is $237.80 $.
Now we know that Tami writes a check of $29.95$.
Hence the amount $29.95$ will be debited from the account when the check is passed.
Now the amount remaining after Tami writes a check is nothing but original amount – amount debited by writing a check.
Hence the amount in the bank will be $237.80 – 29.95$.
Hence the amount in the bank will be $207.85$ .
Hence we have the amount in the bank after the check is written.

Note:
Now note that when an amount is debited from the bank then the amount in the account is reduced as we subtract the debited amount. Similarly when the amount is credited the amount in the bank is increased as we add the credited amount in the bank. Hence when a check is written from the bank we will subtract the amount and if the check is received we will add the amount.