Answered

Select the correct answer.
Why is making a record of withdrawals and deposits in your checkbook register a good practice?
A.
It helps you balance your checkbook.
B.
It saves you trips to the bank.
C.
It helps you save your money.



Answer :

GinnyAnswer

Final answer:

Recording transactions in your checkbook helps in managing money efficiently and avoiding overdrafts.


Explanation:

Recording withdrawals and deposits in your checkbook register is a good practice primarily because it helps balance your checkbook. This process assists in keeping track of your cash flow, managing your money efficiently, and avoiding overdrafts and associated fees. By maintaining an accurate record, you can ensure your financial transactions align with your available funds.


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