Sure! Let's go through the steps to find out Kyle's new balance, recording each transaction along the way:
1. Starting Balance:
- Kyle's beginning balance is \[tex]$862.74.
2. Medical Bill Payment:
- Kyle pays a medical bill of \$[/tex]41.56.
To find the balance after paying the medical bill:
[tex]\[
\text{Balance after medical bill} = \text{Beginning Balance} - \text{Medical Bill}
\][/tex]
[tex]\[
\text{Balance after medical bill} = 862.74 - 41.56 = 821.18
\][/tex]
3. Depositing the Check:
- Kyle deposits a check worth \[tex]$75.26.
To find the new balance after depositing the check:
\[
\text{New Balance} = \text{Balance after medical bill} + \text{Deposit}
\]
\[
\text{New Balance} = 821.18 + 75.26 = 896.44
\]
So, the steps summarized in the check register would be:
\[
\begin{array}{|c|c|c|c|c|c|c|}
\hline
\text{Check} & \text{Date} & \text{Transaction} & (-) \, \text{Debit} & \checkmark & (+) \, \text{Deposit} & \text{Balance} \\
\hline
& 5/1 & \text{Beginning Balance} & & & & 862.74 \\
\hline
101 & 5/3 & \text{Medical Bill} & 41.56 & & & 821.18 \\
\hline
& 5/3 & \text{Deposit Check} & & & 75.26 & 896.44 \\
\hline
\end{array}
\]
Therefore, Kyle's new balance, after recording these transactions, is:
\[
\$[/tex]896.44
\]
