Answer :
To balance the checking account for your new lawn-care business, we must add up all the transactions provided in the register, starting from the initial balance and incorporating each transaction in sequence. We have:
1. Initial balance: \[tex]$5581.22 2. Transaction from Check 101: \$[/tex]-27.91 (Check 101 amount was written out)
3. Transaction from Check 102: \[tex]$-352.81 (Check 102 amount was also written out) 4. Transaction from Check 103: \$[/tex]-5265.80 (Check 103 amount was written out)
5. Transaction from Check 104: \[tex]$-10.00 (Check 104 amount was written out) 6. Deposit: \$[/tex]330.67 (Money was deposited into the account, so we add this amount)
Next, follow the steps to calculate the final balance.
Step-by-Step Addition and Subtraction:
1. Start with the initial balance:
[tex]\[ \text{Initial balance} = \$5581.22 \][/tex]
2. Subtract the amount from Check 101:
[tex]\[ \$5581.22 - \$27.91 = \$5553.31 \][/tex]
3. Subtract the amount from Check 102:
[tex]\[ \$5553.31 - \$352.81 = \$5200.50 \][/tex]
4. Subtract the amount from Check 103:
[tex]\[ \$5200.50 - \$5265.80 = -\$65.30 \][/tex]
5. Subtract the amount from Check 104:
[tex]\[ -\$65.30 - \$10.00 = -\$75.30 \][/tex]
6. Add the deposit amount:
[tex]\[ -\$75.30 + \$330.67 = \$255.37 \][/tex]
Therefore, the final balance in the checking account is:
[tex]\[ \$255.37 \][/tex]
So, the correct choice among the given options is:
c. \$255.37
1. Initial balance: \[tex]$5581.22 2. Transaction from Check 101: \$[/tex]-27.91 (Check 101 amount was written out)
3. Transaction from Check 102: \[tex]$-352.81 (Check 102 amount was also written out) 4. Transaction from Check 103: \$[/tex]-5265.80 (Check 103 amount was written out)
5. Transaction from Check 104: \[tex]$-10.00 (Check 104 amount was written out) 6. Deposit: \$[/tex]330.67 (Money was deposited into the account, so we add this amount)
Next, follow the steps to calculate the final balance.
Step-by-Step Addition and Subtraction:
1. Start with the initial balance:
[tex]\[ \text{Initial balance} = \$5581.22 \][/tex]
2. Subtract the amount from Check 101:
[tex]\[ \$5581.22 - \$27.91 = \$5553.31 \][/tex]
3. Subtract the amount from Check 102:
[tex]\[ \$5553.31 - \$352.81 = \$5200.50 \][/tex]
4. Subtract the amount from Check 103:
[tex]\[ \$5200.50 - \$5265.80 = -\$65.30 \][/tex]
5. Subtract the amount from Check 104:
[tex]\[ -\$65.30 - \$10.00 = -\$75.30 \][/tex]
6. Add the deposit amount:
[tex]\[ -\$75.30 + \$330.67 = \$255.37 \][/tex]
Therefore, the final balance in the checking account is:
[tex]\[ \$255.37 \][/tex]
So, the correct choice among the given options is:
c. \$255.37