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QUESTION

Dustin had five outstanding checks that totaled $117.54. What should his check register balance be if he had an ending balance of $599.43 and outstanding deposits that totaled $235.14?

$717.03

This is a serial subtraction/addition problem. You really START with the “ending balance” - that is the first known value. Then, you subtract the total of the outstanding checks (the number of checks does not matter, only the total), and ADD the deposits total. This gives you the “start” minus the “out” plus the “in” for the current balance.

599.43 – 117.54 + 235.14 = 717.03

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