Final answer:
The DEAD CLIC method can be used to balance your checkbook by comparing your bank statement with your register.
Step-by-step explanation:
Balancing your checkbook is an essential part of managing your finances, and it can be done using a method called DEAD CLIC. This mnemonic device stands for:
- Date
- Earn
- Add
- Deduct
- Carry
- Locate
- Identify
- Cancel
Each step involves comparing your bank statement with your checkbook register to ensure that all transactions have been recorded and accounted for. By using this method, you can identify any discrepancies and reconcile your balances accordingly.