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Orlando has a bank statement balance of $414.25 and $5.90 service charge. His check register shows $374.16 and he has two outstanding checks of $26.54 and $21.78.What should Orlando do with his checkbook balance?

Respuesta :

Answer:

$365.93

Explanation:

The computation of the checkbook balance is shown below:

= Balance of bank statement - first outstanding check amount - second outstanding check amount          

= $414.25 - $26.54 - $21.78

= $365.93

In order to determine the check book balance, we deducted the two outstanding checks from the bank statement balance

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