A check register shows a balance of $861.64 before writing four checks for $31.11, $157.03, $71.44, and $92.38. Compute the new cash balance shown in the check register.

Check Register

A record maintained by the account holder documenting checks written, deposits made, and the current balance of a checking account.

Cash Balance

The total amount of money in the form of cash or cash equivalents that a company or an individual possesses at a given time.

Checks

Written, dated, and signed instruments that direct a bank to pay a specific amount of money from the writer's account to the person or entity in whose name the check has been issued.

Calculate the adjusted balances in cash registers following financial transactions.
Apply mathematical computations in economic environments, such as transaction addition and deduction.

Verified Answer

Zybrea KnightJun 01, 2024

Final Answer :

$509.68

Learning Objectives

Calculate the adjusted balances in cash registers following financial transactions.
Apply mathematical computations in economic environments, such as transaction addition and deduction.

A check register shows a balance of $861.64 before writing four checks for $31.11, $157.03, $71.44, and $92.38. Compute the new cash balance shown in the check register.

Definitions

Learning Objectives

Learning Objectives

Related questions

A check register shows a balance of $861.64 before writing four checks for $31.11, $157.03, $71.44, and $92.38. Compute the new cash balance shown in the check register.​

Definitions

Learning Objectives

Learning Objectives

Related questions

A check register shows a balance of $861.64 before writing four checks for $31.11, $157.03, $71.44, and $92.38. Compute the new cash balance shown in the check register.