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Banking Basics!
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Is this an expense or income? Why?
Expense, you are spending money.
If you were to pay this 3 days before it were due, when would you pay this bill?
9/26/22
If you were to pay this 5 days before the due date, when would you pay the bill?
9/16/22
Where do you live?
Hampton Apartments
How much was the tax for the purchase?
$2.74
What is the name of the company you work for?
J.B. Services
What is the account number?
8795512
Is a withdrawal considered income? Why?
No, it is an expense because you are taking out money from your account.
Where was this ATM located?
The N2Y Bank
How many withdrawals were there this month?
7
How many deposits were there this month?
3
What was the final, or remaining, balance for the month?
$936.66
Would the items bought be considered "professional dress" for a job interview?
No, it would be casual dress
What are the total charges?
$58.76
What is this bill for?
Cable bill
When writing a check to pay a bill, what goes on the "Pay To" line?
Name of the company who is owed the money.
If I paid this bill on 9/21/22, what would happen?
It would be late and you would get a late fee!
What was the date of this transaction?
9/13/22
Is this an example of income or an expense?
Income
Who does this bill need to be paid to?
Central Utilities
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