Question

ctions: use a blank check worksheet to write out checks for
n item described below. then enter each payment into the
ck register.

date	payee	amount	purpose
5/1/2022	bobs local grocery	$56.45	food
5/5/2022	title electric company	$123.62	electric bill
5/7/2022	verizon	$223	cable/phone
5/7/2022	nelnet	$121.30	student loan

check #	date	payee	payment amount	deposit amount	balance
2	5/1/2022	bobs local grocery	$56.45
3	5/5/2022	title electric company	$123.62
4	5/7/2022	verizon	$223
5	5/7/2022	nelnet	$121.30

Explanation:

Step1: Calculate balance after first check

Initial balance: $2232.57, payment: $995.
New balance: $2232.57 - $995 = $1237.57

Step2: Subtract second payment

Payment: $56.45.
Balance: $1237.57 - $56.45 = $1181.12

Step3: Subtract third payment

Payment: $123.62.
Balance: $1181.12 - $123.62 = $1057.50

Step4: Subtract fourth payment

Payment: $223.
Balance: $1057.50 - $223 = $834.50

Step5: Subtract fifth payment

Payment: $121.30.
Balance: $834.50 - $121.30 = $713.20

Answer:

The final balance is $713.20.