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 | ||