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Identify the previous balance and the transactions on 15/05.
Mathematics
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3 stepsIdentify the previous balance and the transactions on 15/05.
From the bank statement, the balance before the cash deposit on 15/05 was R7 822,61.
On 15/05, a cash deposit of R400,00 was made (Credit).
On 15/05, a deposit fee of R12,80 was charged (Debit).Calculate the new balance by adding the deposit and subtracting the fee from the previous balance.
The balance C is the result of these transactions.
Perform the calculation.
The value of C is:
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