Asked by Holly Phillip on Jun 22, 2024
Verified
The check register for Bakers' company showed a balance of $2,312.19. Checks were written for $1,093.05 and $42.50. A deposit was made for $5,362.52. Compute the new balance shown in the check register.
Bakers' Company
An organization or guild historically associated with bakers, often involved in regulating the baking trade.
Check Register
A record maintained by account holders to track checks written, deposits made, and current balances.
Deposit
A sum of money placed into an account or given to another party as a part of a financial transaction.
- Comprehend how transactions, including deposits and withdrawals, influence the cash balances within check registers.
- Conduct arithmetic tasks in monetary environments, including transaction addition and subtraction.
Verified Answer
MS
Learning Objectives
- Comprehend how transactions, including deposits and withdrawals, influence the cash balances within check registers.
- Conduct arithmetic tasks in monetary environments, including transaction addition and subtraction.