Alicia's cash book showed a debit balance of $\$ 100$ on her bank account. She compared her cash book to the bank statement and updated the cash book for the following items. | | $\$$ | | :--- | ---: | | credit transfer to a credit supplier | 80 | | credit transfer from a credit customer | 112 | | bank interest paid | 19 | What was the debit balance on the bank account after the cash book was updated?
Explanation
The debit balance on the bank account after the cash book was updated is calculated by subtracting the credit transfers and bank interest paid from the initial debit balance of $100. The credit transfer from a credit customer of $112 and bank interest paid of $19 should be subtracted from the debit balance, resulting in a debit balance of $100 - $112 - $19 = $73.
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