Asked by Celeste Tidwell on Apr 23, 2024
Verified
A check stub shows a balance brought forward of $935.65, a deposit of $416.20, and a check written for $116.89. Calculate the balance carried forward.
Check Stub
A part of a check that is kept for record-keeping purposes, detailing the check's purpose, date, and amount.
Balance Forward
The amount of money brought forward from a previous statement or bill as the starting point for the next period.
Balance Carried
The amount of money or value transferred from the end of one financial statement or period to the beginning of another.
- Tabulate updated cash balances by contributing or taking away service costs, interest, deposits, and checks from the balance recorded in the statement or check register.
- Utilize mathematical competencies to address issues associated with bank transactions and the reconciliation procedure.
Verified Answer
ZK
Learning Objectives
- Tabulate updated cash balances by contributing or taking away service costs, interest, deposits, and checks from the balance recorded in the statement or check register.
- Utilize mathematical competencies to address issues associated with bank transactions and the reconciliation procedure.