It is true that Pina's account reconciles.
The monthly statement is given as:
- Ending balance from statement $1,139.78
- Deposits outstanding + $280.67
- Total of checks outstanding - $656.91
- Revised statement balance $
- Balance from checkbook $763.54
Start by calculating the revised statement at the end of the month.
This is calculated using:
[tex]Revised = Ending\ Balance + Deposit\ Outstanding - Checks\ Outstanding[/tex]
So, we have:
[tex]Revised = \$1139.78 + \$280.67 - \$656.91[/tex]
Evaluate the expression
[tex]Revised = \$763.54[/tex]
By comparison, the revised statement equals the balance from the checkbook.
Hence, we can conclude that her account reconciles.
Read more about checkbooks at:
https://brainly.com/question/11482534
