Distinguish posted and available balances
See this course’s project requirements
A fictional personal-account register reconciled to a statement, with pending items, availability, fees and an error-report draft.
Keep your working files in your own notebook or software. Save a private description, checklist, and work link in My Proof.
What to include
- An account-service and annual-fee comparison with unanswered eligibility questions.
- A posted/available/uncommitted balance worksheet with each commitment counted once.
- A running-balance register with transaction identities, types and posting states.
- A two-sided bank reconciliation with an unmatched-item log.
- A transaction-specific error inquiry and follow-up log.
- A paper account-move checklist with a retained-funds calculation and closure conditions.
Review and revise
Use these criteria to check your work and choose what to improve.
- All supplied records reconcile and the decision uses the named case rules.
- Calculations show units, intermediate values and a second check.
- Changed-input practice revises the affected result and identifies uncertainty.
- The final project combines six lesson records, separates fictional assumptions from current rules, and states a supported next step.
Want more background?
The idea in everyday life
This is an original fictional practice case. No account, payment, personal record or outside participation is required. Posted balance $500, bank hold $80, unpresented check $70 not included in that hold; no other commitments.
An available balance reflects the institution’s current holds; unpresented commitments may still reduce what is safe to spend.
Distinguish posted and available balances — worked practice
An available balance reflects the institution’s current holds; unpresented commitments may still reduce what is safe to spend.
Use paper or a local table; label all amounts as fictional USD unless the case names another unit. Posted balance $500, bank hold $80, unpresented check $70 not included in that hold; no other commitments.
Separate commitments
Paste at A1.
| ARecord | BAmount USD | CAlready in bank hold |
|---|---|---|
| Posted balance | 500 | Not applicable |
| Card hold H1 | 80 | Yes |
| Unpresented check C1 | 70 | No |
Copy as plain text
1. Step 1: Record the posted balance and bank hold separately
Record the posted balance and bank hold separately.
You should see: $500 posted; $80 held.
An available balance reflects the institution’s current holds; unpresented commitments may still reduce what is safe to spend.
2. Step 2: Subtract the bank hold
Subtract the bank hold.
You should see: Displayed available balance is $420.
Keep this intermediate result so the final decision can be checked.
3. Step 3: Subtract the separate unpresented check once
Subtract the separate unpresented check once.
You should see: Uncommitted money is $350.
Keep this intermediate result so the final decision can be checked.
4. Step 4: Explain why the two totals differ
Explain why the two totals differ.
You should see: The check has not reduced the display; preserve $70 for it.
Keep this intermediate result so the final decision can be checked.
What to finish
A posted/available/uncommitted balance worksheet with each commitment counted once.
Watch for this
Subtracting the same card purchase as both a hold and a new posted debit.
How can I tell I understand it?
Calculate money uncommitted after distinct holds and unpresented payments on a new supplied case, with a visible intermediate check and no unsupported real-world promise.
Quick knowledge check
Answer all 3 questions. Get at least 2 right and the lesson completes automatically.
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Answer all 3 questions above and get at least 2 right. You can review the explanations and try again.
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Source & access notes · checked 2026-10-01
Official page opened/read during Money expansion authoring; checked the relevant concept and access state. These sources do not establish funding eligibility.
Access: Readable official webpage inspected with the web reader on 2026-10-01. No interactive-tool operation is claimed.
Reuse: Original fictional practice, questions and calculations; paraphrased concepts with a source link. No source exercise copied.
Source & access notes · checked 2026-10-01
Official page opened/read during Money expansion authoring; checked the relevant concept and access state. These sources do not establish funding eligibility.
Access: Readable official webpage inspected with the web reader on 2026-10-01. No interactive-tool operation is claimed.
Reuse: Original fictional practice, questions and calculations; paraphrased concepts with a source link. No source exercise copied.
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