Calculate the average daily balance for the month of June of a revolving credit account with a previous month's balance of $150.00 and the following activity: Purchase on June 4: $40; Payment on June 8 of $75; Purchase on June 12 of $42.18; Credit on June 15 of $18; and Purchase on June 27 of $102.30.

🎲 Try a Random Question  |  Total Questions in Quiz: 100  |  🧠 Study this quiz with Flashcards
This question is part of a full practice quiz:
FBLA Business Calculations Test — practice the complete quiz, review flashcards, or try a random question.


Calculate the average daily balance for the month of June of a revolving credit account with a previous month's balance of $150.00 and the following activity: Purchase on June 4: $40; Payment on June 8 of $75; Purchase on June 12 of $42.18; Credit on June 15 of $18; and Purchase on June 27 of $102.30.






ADVERTISEMENT