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Why is making a record of withdrawals and deposits in your checkbook register a good practice? A. It helps you balance your checkbook. B. It saves you trips to the bank. C. It helps you save your money.

Blair Lewis

in Business

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1 answer

Donald Ward on June 17, 2018

AnswerIt helps to balance your checkbook. ExplanationBalancing your checkbook means you do a check on the account that shows how much money is available. In order to balance of an account is necessary to add all the deposits on the principle of balance for a statement period then you subtract from the sub total of the checks that you have written. This will be facilitated by the proper custody of the records of the withdrawals and deposits in your checkbook register.

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