Its actually 598.00 β 47.27 = 550.73 He ha d an e g a t i v e ba l an ce inhi s a cco u n t o f 47.27 so the bank took out the difference from his deposit of 598.00 an d i tl e f t him t h e ba l an ceo f 550.73
Assuming peter made two transactions today at his bank. The sum -47.27 plus 598= 550.73 mean that:Peter **withdraw **$47.27 and deposited $598 , increasing his balance by $550.73.
Debit and credit
Amount withdraw=$47.27
Amount deposited=$598
Availbale balance= $550.73
($598.00-$47.27)
Thus, Based on the** above** calculation assuming he withdraw $47.27 and deposited $598 his balance will increase by $550.73.
Learn more about **debit **and **credit **here: https://brainly.com/question/24164976
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