David had the following activity with his checking account during the month of July: Starting checkbook balance of $701.13   July 15 electronic payroll deposit of $1,807.44   Online payment of $109.17 to Ameren Utilities   Online payment of $104.00 to Gas Company   Checks written on July 15 totaling $984.15   On July 27, he received an electronic payroll deposit of $1,807.43 What was David's checkbook balance as of July 31?

College Accounting (Book Only): A Career Approach
13th Edition
ISBN:9781337280570
Author:Scott, Cathy J.
Publisher:Scott, Cathy J.
Chapter6: Bank Accounts, Cash Funds, And Internal Controls
Section: Chapter Questions
Problem 3E
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David had the following activity with his checking account during the month of July: Starting checkbook balance of $701.13

  July 15 electronic payroll deposit of $1,807.44

  Online payment of $109.17 to Ameren Utilities

  Online payment of $104.00 to Gas Company

  Checks written on July 15 totaling $984.15

  On July 27, he received an electronic payroll deposit of $1,807.43

What was David's checkbook balance as of July 31?

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