Accounting and Finance Foundations

Unit 3

Accounting and Finance Foundations Unit 3: The Role of Money 187

The Role of Money

Chapter 6Chapter 8

Student Assignment

Name: _______________________________________________________________ Date: _________________

AD-Auto Deposit • AP-Automatic Payment • ATM-Cash Withdrawal • DC-Debit Card • FT-Funds Transfer • SC-Service Charge • TD-Tax Deductible

NUMBER

OR CODE DATE TRANSACTION DESCRIPTION

PAYMENT FEE

WITHDRAWAL ( – )

DEPOSIT

CREDIT ( + )

BALAnCe

$

Speedway Gas

Name: _______________________________________________________________ Date: _________________

Account Summary:

Beginning Balance $133.45

Credits/Deposits $548.57

Debits/Payments $171.51

Ending Statement Balance $510.51

Checking Activity:

Credits/Deposits

10/05 Deposit + 272.89

10/19 Deposit + 272.88

10/30 Interest Earned + 2.80

Debits/Payments

10/03 Check 945 _ 35.50

10/12 Check 946 _ 123.62

10/08 Debit Card _ 7.39

10/03 Service Charge _ 5.00

Account Statement

Account Number: 123456789

Statement Period: October 1, 2012

through October 30, 2012

123 Main Street

Main Street, KY

(859) 555-5555

©iStockphoto/Thinkstock

De p D e posit – Pa y

35 50

Mc D onald’s

(^946) M eijer
D e posit – Pa y^272 88
(^947) Frank Hudson
D eposit — Birthday Cash
1 85 4 8
945
59 00
272 89
1 23 62
DC 7 39
De p
De p
8.2.6 Bank Reconciliation (cont'd)