Question

Sherry had an ending balance f 125.36, outstanding deposits of 153.53, and utstanding checks of $100.19. What was her checkbook balance

Answer 1

The checkbook balance is $178 .7.

Explanation:

As given

Sherry had an ending balance $ 125.36, outstanding deposits of $153.53, and outstanding checks of $100.19.

Thus

Checkbook balance = Ending balance + Outstanding deposits - Outstanding checks

Putting the values in the above

Checkbook balance = $ 125.36 + $153.53 - $100.19

= $ 278.89 - $100.19

= $ 178.7

Therefore the checkbook balance is $178 .7.