Question

records all checks written and categorizes them into separate columns, such as rent, insurance, office supplies, utilities

Answer 1

A check register records and categorizes all checks written, helping individuals and businesses track expenses and manage finances.

Step-by-step explanation:

A check register is a document that records all checks written and categorizes them into separate columns. For example, these columns can include categories such as rent, insurance, office supplies, and utilities.

The purpose of this record-keeping practice is to help individuals and businesses track their expenses, manage their finances, and avoid overdrafts or insufficient funds.