​A Check Register Shows a Balance of $398

question 54

Short Answer

​A check register shows a balance of $398.42 before writing two checks for $73.50 and $225.00. Compute the amount the account owner must deposit before writing a third check for the amount of $110.00.

---

Definitions:

Title Search

A check of public records to confirm a property's legal ownership and identify any claims or liens against it.

Encumbrances

A legal term for a claim, lien, charge, or liability attached to and binding real property.

Title Search

The examination of public records to determine and confirm a property's legal ownership and find out what claims or liens are on the property.

Fair Housing Act

A federal law in the United States aimed at eliminating discrimination in the housing industry based on race, color, religion, sex, national origin, disability, or family status.