Asked by Jessica Strohmenger on Jul 05, 2024
Verified
A check register shows a balance of $18.23 before adding deposits of $491.04, $52.65, and $22.33. Compute the new cash balance shown in the check register.
Check Register
A record book or software where all checks written, deposits, and bank transactions are recorded.
Cash Balance
The total amount of money in cash form available in an account at any given time.
Deposits
Money placed into a bank account or with a financial institution for safekeeping.
- Assess the modified cash totals in check records subsequent to transactions.
- Execute arithmetic functions in economic settings, such as adding and subtracting transactions.
Verified Answer
RG
Learning Objectives
- Assess the modified cash totals in check records subsequent to transactions.
- Execute arithmetic functions in economic settings, such as adding and subtracting transactions.