When Dora electronically transferred [tex]$591.68 from her checking account to Matt's checking account, she essentially moved money out of her account. This type of transaction is considered a debit because it is a deduction from her balance.
In a check register, transactions are typically categorized under specific columns. The columns usually include:
- Check Number
- Date
- Description of Transaction
- Payment/Debit ( - )
- Fee
- Deposit/Credit ( + )
- Balance
Since the $[/tex]591.68 transfer is money leaving Dora's account, it would be recorded under the "Payment/Debit ( - )" column. This column is used to keep track of any payments or withdrawals, including electronic transfers, that decrease the account’s balance.
Therefore, for this transfer, Dora should record the amount of $591.68 in the "Payment/Debit ( - )" column of her check register. This corresponds to column number 1 in the format provided.
