Question

Last week, Clayhad a beginning balance of $60in his account. He wrote 4 checks for $20 each from his checking account, withdrew another $30, and finally made a deposit of $96.

Answer 1

He would have $46 now

Explanation:

This could be wrong but that's the answer I got.

Answer 2

The balance in Clay's account has reduced by $ 14

Explanation:

Presuming that all the cheques were encashed, the total amount withdrawn from Clay's account is:

4 × 20 + 30 = 110

The total amount deposited in Clay's account is:

96

Thus since more money was withdrawn than deposited, the difference represents the reduction in the balance of Clay's account.

110 − 96 = 14