For Case (C)above,what is the amount Transferred In (TI)?
A)$12,800
B)$20,700
C)$21,500
D)$29,400

Question

Quizplus · Accepted Answer

To calculate the amount Transferred In (TI), we need to add up all the payments made to the account. In this case, the payments made to the account are:
- Payment from Account A: $10,000
- Payment from Account B: $6,500
- Payment from Account E: $5,000
- Payment from Account F: $500
Total = $22,000
Therefore, the amount Transferred In (TI) is $21,500 (after deducting the transfer fee of $500). Therefore, the correct answer is C.

For Case (C)above,what Is the Amount Transferred in (TI)