Question

Clyde Edwards compares his checkbook register, cancelled checks, and bank statement which shows a balance of $400. He finds two outstanding checks for $35.85 and $10.42. There is also an outstanding deposit of $120. What is his adjusted balance?

Answer 1

473.73

Explanation:

Answer 2

Adjusted balance
$400.00 - ($35.85 + $10.42) + $120.00 = $473.73