Question

November 15, check number 191 payable to Best Buy for computer equipment—$3,869.29.

a) Identify the payer of the check.
b) Determine the purpose of the payment.
c) Calculate the total amount paid.
d) Identify the check number.

Answer 1

The payer is the account holder who wrote the check, the payment was for computer equipment, the total amount paid was $3,869.29, and the check number was 191.

Step-by-step explanation:

To address the student’s question:
a) The payer of the check is the individual or entity who wrote and issued the check, in this case, it’s the account holder from which the $3,869.29 was drawn. Without additional context, we can only refer to them as the account holder since the name is not provided.
b) The purpose of the payment was for purchasing computer equipment, as indicated by the description of the check being payable to Best Buy for that specific reason.
c) The total amount paid is explicitly stated as $3,869.29.
d) The check number is 191, as indicated in the description of the transaction.