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The beginning balance on the monthly bank statement for Aretha's checking account was $462.79, and the ending balance was $256.03. What can be said about Aretha's transactions for the month? A. She had $718.82 more in debits than in credits. B. She had $718.82 more in credits than in debits. C. She had $206.76 more in credits than in debits. D. She had $206.76 more in debits than in credits.

Respuesta :

She had a reduction of funds which totaled 206.76.  A reduction is a debit a credit is when you add funds.  So, D is the answer for this one.

If the beginning balance on Aretha's checking account's monthly bank statement was $462.79 and the ending balance was $256.03, she had $206.76 more in debits than credits.

What is the checking account?

A checking account is defined as a form of bank account that enables a person to deposit and withdraw funds for everyday transactions. This could include depositing a check, drawing back the cash with a debit card, or setting up direct deposit for a payroll check.

In the given case, If Aretha's checking account's beginning balance was $462.79 and her ending balance was $256.03, she had $206.76 more in debits than credits.

Therefore, option D is correct.

Learn more about the checking account, refer to

https://brainly.com/question/20984186

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