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Identify the previous balance and the transactions on 15/05.

Mathematics

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Answer

R8 209,81\text{R}8\,209,81

Step-by-step solution

3 steps
  1. Identify 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).

  2. 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.

    C=Previous Balance+Cash Deposit−Deposit Fee\text{C} = \text{Previous Balance} + \text{Cash Deposit} - \text{Deposit Fee} C=R7 822,61+R400,00−R12,80\text{C} = \text{R}7\,822,61 + \text{R}400,00 - \text{R}12,80
  3. Perform the calculation.

    C=R8 222,61−R12,80\text{C} = \text{R}8\,222,61 - \text{R}12,80 C=R8 209,81\text{C} = \text{R}8\,209,81

    The value of C is:

    R8 209,81\text{R}8\,209,81
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