Question

Mr.Henderson did not realize his checking account had a balance of $200 when he used his debit card for a $317.25 purchase. What is his checking account balance after the purchase? SHOW YOUR WORK AND ANSWER.

Answer 1

$116.75

Explanation:

$317

-$200

----------

$117

$117

- $0.25

-------------

$116.75

Answer 2

His account balance would be -$117.25

Explanation:

His purchase exceeded the amount of money in his checking account balance. He is now in the negative numbers.