Task 7 – Part B

[Deb]

Hi,

Hoping to get some clarification on Task 7 – Reallocating Funds from Telephone to Internet.

Would I be correct in thinking the Telstra Account needs to be reduced by $96.50, and that $96.50 allocated to the new Internet account? I input the Telstra account as $400 (not including GST) after the reduction to allocate to Internet?

 

[Chandrika]

Hi Deb,

Yes your understanding was correct. Telephone account should decrease by $96.50, Internet Account should increase by $96.50.

New balance in Telephone account should be $400.