Question

find the current balance for the account.
balance from bank statement outstanding checks deposits not yet recorded
$23,665.13 $91.35 $4195.28
$4373.73 $66.59
$98.79
$65.75

the current balance is $\square$.

Explanation:

Step1: Calculate total outstanding checks

To find the total outstanding checks, we sum up all the outstanding check amounts. The outstanding checks are $91.35, $4373.73, $98.79, and $65.75.
\[
91.35 + 4373.73 + 98.79 + 65.75
\]
First, add $91.35 and $4373.73: \(91.35 + 4373.73 = 4465.08\)
Then add $98.79 to the result: \(4465.08 + 98.79 = 4563.87\)
Finally, add $65.75: \(4563.87 + 65.75 = 4629.62\)

Step2: Calculate total deposits not yet recorded

The deposits not yet recorded are $4195.28 and $66.59. Sum them up:
\[
4195.28 + 66.59 = 4261.87
\]

Step3: Calculate current balance

The formula for current balance is: Balance from Bank Statement - Total Outstanding Checks + Total Deposits not yet Recorded.
Substitute the values:
\[
23665.13 - 4629.62 + 4261.87
\]
First, subtract: \(23665.13 - 4629.62 = 19035.51\)
Then, add: \(19035.51 + 4261.87 = 23297.38\)

Answer:

\(23297.38\)