Banking Basics! | Baamboozle - Baamboozle | The Most Fun Classroom Games!

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Is this an expense or income? Why?

Expense, you are spending money.

How much was the tax for the purchase?

$2.74

Is a withdrawal considered income? Why?

No, it is an expense because you are taking out money from your account.

What was the final, or remaining, balance for the month?

$936.66

What is this bill for?

Cable bill

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 example of income or an expense?

Income

Who does this bill need to be paid to?

Central Utilities