Asked by tiffani supermom on Jun 24, 2024

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A check register shows a balance of $247.20 before writing three checks for $63.24, $31.54, and $86.50. Compute the new cash balance shown in the check register.

Check Register

A check register, also known as a cash disbursements journal, is used to keep track of financial transactions, specifically outflows, associated with a bank account.

Cash Balance

The amount of cash a company or individual has available after all transactions have been accounted for.

Checks

Written, dated, and signed instruments that direct a bank to pay a specific sum of money to the bearer.

  • Estimate the altered cash figures in cheque journals post-transactions.
  • Perform arithmetic actions in finance-related scenarios, comprising the addition and subtraction of financial transactions.
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DH
Donnetra HardyJun 27, 2024
Final Answer :
$65.92