Question

Jason started last week with $900 in his checking account. during the week, he wrote the checks below. at the end of the week, jason received a paycheck for $534.59. he recorded all of these transactions in his check register. trans typ./ check no. date description of transaction payment/ debit (-) deposit/ credit ( ) balance 900 00 241 12/4 miller's food market 53.21 53 21 groceries 846 79 242 12/7 frank's auto parts 24.05 24 05 oil and filter 822 74 243 12/8 mike's barber shop 15.00 15 00 haircut 807 74 deposit 12/9 paycheck 534.59 534 59 1,342 33 evaluate jason's check register.

a. jason did a good job; everything is correct.
b. the final balance is wrong; jason did not add everything correctly.
c. jason should have written debit instead of deposit for the transaction type.
d. jason entered the amount for his paycheck in the wrong column.

Answer 1

After reviewing Jason's check register transactions and final balance, it is evident that Jason accurately recorded all transactions, including the deposit of his paycheck. Thus, everything in Jason's check register is correct.

Step-by-step explanation:

Jason started last week with $900 in his checking account. During the week, he made several payments: $53.21 to Miller's Food Market, $24.05 to Frank's Auto Parts, and $15.00 to Mike's Barber Shop.

At the end of the week, he received a paycheck for $534.59, which he deposited into his account. The check register provided shows the following transactions and their respective balances after each:

• Starting balance: $900.00
• After Miller's Food Market: $846.79
• After Frank's Auto Parts: $822.74
• After Mike's Barber Shop: $807.74
• After depositing paycheck: $1,342.33

After evaluating Jason's check register, it is clear that Jason did a good job; everything is correct. The final balance is accurate, considering both the debits and the credit from the paycheck. Therefore, the correct choice is option A: Jason did a good job; everything is correct.