Asked by Shreya Singh on Apr 23, 2024
Verified
A check register shows a balance of $391.63 before adding a deposit of $12.33 and writing three checks for $3.78, $4.92, and $11.17. Compute the new cash balance shown in the check register.
Check Register
A record of all checks written, deposits made, and charges or credits to a bank account.
Cash Balance
The amount of cash in a company's account at any given time.
Deposit
Money placed into a financial institution for safekeeping or to earn interest.
- Utilize arithmetic processes in financial situations, involving the addition and subtraction of monetary transactions.
- Show proficiency in determining new account balances after various financial activities.
Verified Answer
ZK
Learning Objectives
- Utilize arithmetic processes in financial situations, involving the addition and subtraction of monetary transactions.
- Show proficiency in determining new account balances after various financial activities.