Last month, when Jerry received his bank statement, he found that the balance in the statement did not match the balance in the register. Examine Jerry's check register and bank statement and evaluate his problem.

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Mathematics

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25 February, 10:59

Last month, when Jerry received his bank statement, he found that the balance in the statement did not match the balance in the register. Examine Jerry's check register and bank statement and evaluate his problem.

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Gracie Odonnell · Answer 1

There is no bank statement provided. However three things could possibly be the reason why Jerry is in such a situation:

a. Someone else is using his bank account without his knowledge, either through skimming his card or hacking into his account.

b. Jerry made previous transactions that he did not keep track of.

c. The bank deducts certain amounts for transactions not made within the regulations of its office (i. e. withdrawing in a different ATM machine)