Balancing Checkbook Scenarios

Samantha's bank statement shows a balance of $356.78. She writes a check for $89.50 and makes a deposit of $150.25. What is her new balance?

• $250.53

• $536.25

• $467.78

• $417.53

If John's checkbook register shows a balance of $425.60 and his bank statement shows a balance of $410.75, what is the amount of the bank fee charged to his account?

• 14.85

• 5.75

• 20.50

• 30.25

Amanda has a monthly income of $1500. She budgets $600 for rent, $300 for groceries, $200 for utilities, and $100 for entertainment. How much money does she have left for savings and other expenses?

• $300

• $700

• $500

• $100

What is the error in the following checkbook entry: Check #105 for $75.00 was recorded as $57.00?

• Check #105 was not actually written

• Recorded amount is greater than the actual amount

• Check #105 was written for the wrong amount

• Recorded amount is less than the actual amount

If the bank statement shows a balance of $789.25 and the checkbook register shows a balance of $805.50, what is the amount of outstanding checks?

• $100.00

• $0.00

• $16.25

• $50.75

Mark's monthly income is $2000. He budgets 30% for rent, 20% for groceries, 10% for utilities, and 15% for entertainment. How much money does he have left for savings and other expenses?

• $500

• $1000

• $300

• $1500

What is the error in the following checkbook entry: A deposit of $250.00 was recorded as $520.00?

• The deposit amount was recorded as $400.00 instead of $250.00.

• The deposit amount was recorded as $100.00 instead of $250.00.

• The deposit amount was recorded as $300.00 instead of $250.00.

• The deposit amount was recorded as $520.00 instead of $250.00.

If the bank statement shows a balance of $1200.75 and the checkbook register shows a balance of $1189.50, what is the amount of deposits not yet added to the checkbook?

• $11.25

• $100.00

• $25.50

• $50.75

Sarah's bank statement shows a balance of $675.25. She writes a check for $150.50 and makes a deposit of $300.75. What is her new balance?

• $500.50

• $825.25

• $825.75

• $825.50

What is the error in the following checkbook entry: Check #110 for $95.00 was recorded as $59.00?

• Recorded amount is less than the actual amount

• Check #110 was not recorded at all

• Check #110 was recorded as $110.00

• Recorded amount is greater than the actual amount