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On April 1, Chen opens a joint bank account with Bahri and deposits $1,000. Bahri deposits $500 into the account on April 2. On May
On April 1, Chen opens a joint bank account with Bahri and deposits $1,000. Bahri deposits $500 into the account on April 2. On May 2, Chen withdraws $750. Two days later, Bahri withdraws $600.
A) Chen has made a gift to Bahri of $100.
B) Bahri has made a gift to Chen of $500.
C) Chen has made a gift to Bahri of $600.
D) Chen has made a gift to Bahri of $1,000.
Please provide an explanation for your answer, thank you!
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