Omar's bank balance based on the given table is equal to $761.25.
Given the following data:
- Pharmacy (debited) = $15.20
- Dinner (debited) = $22.30
- Movie tickets (debited) = $26.70
- Paycheck (credited) = $1,015.50
- Initial balance = $219.80
To calculate Omar's bank balance based on the given table:
First of all, we would determine the total amount that was debited from Omar's account.
[tex]Total\;debit = 15.20+425.00+22.30+26.70[/tex]
Total debit = $474.05
Next, we would solve for his previous balance:
[tex]Previous \;balance = Credit + Initial\;balance\\\\Previous \;balance = 1015.50 + 219.80[/tex]
Previous balance = $1,235.3
Now, we can calculate Omar's bank balance:
[tex]Bank\;balance = Previous\;balance - Total\;debit\\\\Bank\;balance =1235.3 -474.05[/tex]
Bank balance = $761.25
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