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Banking Basics!

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