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Ariana'a bank statement shows a closing balance of $125.18. There are no outstanding checks or deposits. Her checkbook shows a balance of $127.93. What might account for the different balances?

A.Interest earned in the amount of $2.75

B.Transposing of numbers

C.ATM fee in the amount of $2.75

D.Deposit of $2.75

Respuesta :

TBella19

C is the correct answer (apex)

dubeyshailja64

The difference in the balance of the checkbook and bank statement occurs due to ATM fees in the amount of $2.75. Thus the correct answer is C.

What are outstanding checks?

A check that has been issued but hasn't been processed, transferred, or cleared by the bank is known as an outstanding check. Both Personal and business checks may be outstanding.

The difference in the balance of checkbook and bank statements records is due to outstanding checks, services charged by banks, or printing charges.

There are no outstanding checks is being recorded which shows that the bank charge for the service of the ATM offered $2.75.

Therefore, option C is appropriate.

Learn more about outstanding deposits, here:

https://brainly.com/question/14245146

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