Calculate the average daily balance, finance charge, and new balance using the average daily balance method. Monthly rate = 1.75%
Date
Payments Purchases
Balance
Number of Days Product/Sum
9/1 - 9/5
$387.52
5
$1,937.60
9/6
$50.00
$337.52
1
$337.52
9/7 - 9/18
$
$
9/19
$62.66
$400.18
1
$400.18
9/20 - 9/30
$
$
Total
30
$
The average daily balance =
V = 30 = $
Finance charge = monthly rate x average daily balance = $
New balance = previous balance - payment/credits + finance charge + new purchases = $

Leslie started last week with $1200 in her checking account. during the week, she wrote the checks below. trans typ./ check no. date description of transaction payment/ debit deposit/ credit (+) balance 1,200 00 324 10/6 miller's food market 45.87 45 87 groceries 1,154 13 325 10/7 cyber center computer outlet 218.59 218 59 monitor 935 54 326 10/9 sandy's beauty salon 30.00 30 00 haircut and styling 900 59 deposit 10/10 paycheck 621.33 621 33 1,621 92 evaluate leslie's check register. a. leslie did a good job. everything is correct. b. the final balance is wrong; she did not add everything correctly. c. leslie should have written debit instead of deposit for the transaction type. d. leslie switched the debit and credit columns.