In: Finance
The beginning balance of the check register was $492.88. During the month, deposits were made for $210 and $499.88. Checks were written for $18.25, $19.82, and $309.82. Could you calculate the ending balance of the check register?
| CALCULATION OF THE CLOSIGN BALANCE OF CHECK REGISTER | ||
| AMOUNT | AMOUNT | |
| Beginning Balance | $ 492.88 | |
| Add: Deposits: | ||
| Deposit 1 | $ 210.00 | |
| Deposit 2 | $ 499.88 | |
| $ 709.88 | ||
| Total (A) | $ 1,202.76 | |
| Less: Check Written | ||
| Check Written 1 | $ 18.25 | |
| Check Written 2 | $ 19.82 | |
| Check Written 3 | $ 309.82 | |
| Total (B) | $ 347.89 | |
| Ending Balance of Check Register (A-B) | $ 854.87 | |
| Answer = $ 854.87 | ||