Question

Richard’s checkbook register as of 02/19:
Check #
Date
Description of Transaction
Payment/Debit (-)
Fee (-)
Deposit/Credit (+)
Balance

02/03
Deposit

$900.00
$900.00

02/05
Deposit - Paycheck

$390.36
$1,290.36
201
02/05
Blue Sky Apartments
$455.00

$835.36
202
02/07
Renter’s Insurance
$125.40

$709.96
203
02/18
Online Clothing Purchase
$155.44

$554.52

02/19
Deposit - Paycheck

$390.36
$944.88






Enter the following transactions into Richard’s checkbook register and state his ending balance:
Date
Type
Description
Amount
03/01
Check #204
Blue Sky Apartments
$455.00
03/05
DEP
Payroll automatic deposit
$390.36
03/08
Debit
Benny’s Hamburgers and Fries
$9.20
03/15
Check #205
Car payment
$251.59
03/19
DEP
Payroll automatic deposit
$390.36
a.
$715.79
b.
$1,009.81
c.
$780.72
d.
$880.24

Answer 1

Starting balance (02/19): $944.88

Enter transactions in order:
- 03/01 Check #204 Blue Sky Apartments −$455.00 → Balance = $489.88
- 03/05 DEP Payroll +$390.36 → Balance = $880.24
- 03/08 Debit Benny’s Hamburgers and Fries −$9.20 → Balance = $871.04
- 03/15 Check #205 Car payment −$251.59 → Balance = $619.45
- 03/19 DEP Payroll +$390.36 → Balance = $1,009.81

Ending balance: $1,009.81 — answer (b).