When Martin deposits his weekly paycheck into his checking account, he should record this transaction in the "[tex]$(+) \text{ Deposits}$[/tex]" column.
Here's a step-by-step explanation:
1. Identify the Transaction: Martin is depositing his paycheck into his checking account.
2. Understand the Table Columns: The table has several columns:
- Check number
- Date
- Description of Transaction
- [tex]$(-)$[/tex] Debit
- [tex]$\checkmark$[/tex]
- [tex]$(+)$[/tex] Deposits
- Balance
3. Determine the Nature of the Transaction:
- A deposit is an addition to the account balance. It increases the amount of money in the checking account.
4. Choose the Correct Column:
- Since a deposit increases the balance, it should be recorded in the "[tex]$(+) \text{ Deposits}$[/tex]" column.
Thus, Martin should write the value of his paycheck in the "[tex]$(+) \text{ Deposits}$[/tex]" column to accurately reflect the increase in his account balance.
