Question

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The beginning balance of the check register was $492.88. During the month, deposits were made for...

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?

Solutions

Expert Solution

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

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