Asked by Kortney Whitted on Jun 24, 2024
Verified
A check stub shows a balance brought forward of $1,620.34, a deposit of $825.45, and a check amount of $369.22. Calculate the balance carried forward.
Check Stub
A portion of a check that is retained as a record, detailing the amount, date, and other relevant information about the transaction.
Balance Brought Forward
The opening balance of an account that is carried over from the end of a previous period.
Check Amount
Check Amount refers to the specific monetary value written and payable on a check, representing the total to be transferred from the account of the drawer to the payee.
- Cultivate skillfulness in computing the adjusted cash balance by incorporating deposits and deducting issued checks.
- Gain proficiency in aligning cash balances with bank statements or in the finalization of check stubs.
- Enhance mathematical skills specifically in addition and subtraction of monetary values in the context of business transactions.
Verified Answer
NC
Learning Objectives
- Cultivate skillfulness in computing the adjusted cash balance by incorporating deposits and deducting issued checks.
- Gain proficiency in aligning cash balances with bank statements or in the finalization of check stubs.
- Enhance mathematical skills specifically in addition and subtraction of monetary values in the context of business transactions.