at the end of the week, jason received a paycheck for $534.59. he recorded all of these transactions in his…

at the end of the week, jason received a paycheck for $534.59. he recorded all of these transactions in his check register. trans typ./ check no. date description of transaction payment/ debit (-) deposit/ credit (+) balance 241 12/4 millers food market 53.21 900 00 53 21 groceries 846 79 242 12/7 franks auto parts 24.05 24 05 oil and filter 822 74 243 12/8 mikes barber shop 15.00 15 00 haircut 807 74 deposit 12/9 paycheck 534.59 534 59 1,342 33 evaluate jasons check register. a. jason did a good job; everything is correct. b. the final balance is wrong; jason did not add everything correctly. c. jason should have written debit instead of deposit for the transaction type. d. jason entered the amount for his paycheck in the wrong column.

at the end of the week, jason received a paycheck for $534.59. he recorded all of these transactions in his check register. trans typ./ check no. date description of transaction payment/ debit (-) deposit/ credit (+) balance 241 12/4 millers food market 53.21 900 00 53 21 groceries 846 79 242 12/7 franks auto parts 24.05 24 05 oil and filter 822 74 243 12/8 mikes barber shop 15.00 15 00 haircut 807 74 deposit 12/9 paycheck 534.59 534 59 1,342 33 evaluate jasons check register. a. jason did a good job; everything is correct. b. the final balance is wrong; jason did not add everything correctly. c. jason should have written debit instead of deposit for the transaction type. d. jason entered the amount for his paycheck in the wrong column.

Answer

Answer:

A. Jason did a good job; everything is correct.

Explanation:

Step1: Initial balance

Initial balance is $900.00$.

Step2: First - transaction

Subtract grocery expense: $900 - 53.21=846.79$.

Step3: Second - transaction

Subtract auto - parts expense: $846.79 - 24.05 = 822.74$.

Step4: Third - transaction

Subtract haircut expense: $822.74-15.00 = 807.74$.

Step5: Fourth - transaction

Add paycheck: $807.74 + 534.59=1342.33$. The final balance calculation is correct, and all transactions are entered in the right columns with the right types.