Question

find the current balance for the account.
balance from bank statement outstanding checks deposits not yet recorded
$4555.34 $29.89 $442.95
$457.24 $488.99
$679.07

the current balance is $\square.

Explanation:

Step1: Calculate total outstanding checks

To find the total outstanding checks, we sum up the amounts of outstanding checks. The outstanding checks are $29.89, $457.24, and $679.07.
\[
29.89 + 457.24 + 679.07 = 1166.2
\]

Step2: Calculate total deposits not yet recorded

Next, we sum up the deposits not yet recorded. The deposits are $442.95 and $488.99.
\[
442.95 + 488.99 = 931.94
\]

Step3: Calculate current balance

The formula to find the current balance is: Balance from Bank Statement - Total Outstanding Checks + Total Deposits Not Yet Recorded.
We know the balance from the bank statement is $4555.34, total outstanding checks is $1166.2, and total deposits not yet recorded is $931.94.
\[
4555.34 - 1166.2 + 931.94 = 4321.08
\]

Answer:

4321.08