3. complete the checkbook register by using the given information. sol perkins began a new page in his…

3. complete the checkbook register by using the given information. sol perkins began a new page in his register with a balance of $421.52. on april 11, he wrote a check (201) to collins department store for $29.32. on april 16, he deposited his paycheck of $227.16. he also ordered new checks that cost $7.25. on april 21, he wrote a check (202) to faith christian academy for $63.50. on april 24, he used the atm to withdraw $20. on april 30, he deposited a check from his parents for $40.

3. complete the checkbook register by using the given information. sol perkins began a new page in his register with a balance of $421.52. on april 11, he wrote a check (201) to collins department store for $29.32. on april 16, he deposited his paycheck of $227.16. he also ordered new checks that cost $7.25. on april 21, he wrote a check (202) to faith christian academy for $63.50. on april 24, he used the atm to withdraw $20. on april 30, he deposited a check from his parents for $40.

Answer

Explanation:

Step1: Initial Balance

Start with the initial balance: $$421.52$

Step2: April 11 - Check to Collins

Subtract the check amount: $421.52 - 29.32 = 392.20$

Step3: April 16 - Paycheck Deposit

Add the paycheck: $392.20 + 227.16 = 619.36$

Step4: April 16 - New Checks Cost

Subtract the check cost: $619.36 - 7.25 = 612.11$

Step5: April 21 - Check to Faith Christian

Subtract the check amount: $612.11 - 63.50 = 548.61$

Step6: April 24 - ATM Withdrawal

Subtract the withdrawal: $548.61 - 20 = 528.61$

Step7: April 30 - Parents' Check Deposit

Add the deposit: $528.61 + 40 = 568.61$

Answer:

The final balance is $$568.61$

To complete the checkbook register, we fill in each transaction row:

NO. DATE ISSUED TO OR DESCRIPTION OF DEPOSIT AMOUNT OF PAYMENT OTHER DEDUCT. AMOUNT OF DEPOSIT BALANCE
Balance Forward 421.52
201 April 11 Collins Department Store 29.32 392.20
April 16 Paycheck 227.16 619.36
April 16 New Checks 7.25 612.11
202 April 21 Faith Christian Academy 63.50 548.61
April 24 ATM Withdrawal 20.00 528.61
April 30 Parents' Check 40.00 568.61