Isaac made a mistake in his checkbook he wrote à check for $8.98 To rent à vidéo game but mistakenly recorded it in his checkbook as an $8.98 deposite
he is overestimating his net worth by 2 * 8.98 = 17.96
To find out the error in Isaac's checkbook, we need to compare the check amount and the recorded deposit amount.
The amount on the check is $8.98, which means he paid $8.98 for renting a video game. The mistake occurred when he recorded it as a deposit in his checkbook.
To identify the correct amount, we should subtract the recorded deposit amount from the check amount.
The calculation would be:
$8.98 (check amount) - $8.98 (recorded deposit amount) = $0
Therefore, the correct amount should be $0. This means that Isaac did not actually make any deposit, and the check for $8.98 should be considered as an expense for renting the video game, not a deposit.