01/02 You used your debit card to pay $ for shoes and sweat clothes at Dick s Sporting Goods.
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1 My Money Enter each of the following transactions for January in your account register beginning on page 2 and compute the balance. Transaction 01/02 You used your debit card to pay $ for shoes and sweat clothes at Dick s Sporting Goods. 01/04 You wrote check 1343 in the amount of $55.22 to Verizon for your cell phone bill. 01/07 You used your debit card to pay $56.27 for groceries at Eagle Foods. 01/07 You wrote check 1344 in the amount of $48.00 to Pacific Power to pay your electric bill. 01/09 You wrote check 1345 in the amount of $49.50 to Abercrombie and Fitch for clothing. 01/10 You used your debit card to pay $12.52 for pizza at the Pizza Hut. 01/13 You deposited $1, of your paycheck in your account at the First National Bank. 01/14 You wrote check 1346 in the amount of $16.95 to The Oil Spot to pay for an oil change. 01/14 You wrote check 1347 in the amount of $ to WalMart for a winter coat. 01/14 You used your debit card to pay $30 for gas at Shell. 01/14 You wrote check 1348 in the amount of $ to the First National Bank to make your car payment. 01/15 The First National Bank debited $ from your checking account and deposited it in your savings account. 01/16 You wrote check 1349 in the amount of $64.00 to Highland Cable for your cable and internet bill. 01/18 You wrote check 1350 in the amount of $95.12 to Geico for your car insurance premium. 01/20 You wrote check 1351 in the amount of $ to Visa to pay your credit card bill. 01/21 You used your debit card to pay $32.80 for dinner at The Wharf. 01/21 You used your debit card to pay $24.35 for groceries at Eagle Foods. 01/27 You deposited $1, of your paycheck in your account at the First National Bank. 01/30 You wrote check 1352 in the amount of $ to United Insurance for your health insurance premium. 01/31 You wrote check 1353 in the amount of $ to Johnston Motors for a car repair. 01/31 You deposited $50 you received as a gift C. W. Publications PAGE 1
2 No Description of Payment or Deposit Payment T Deposit Balance 12/28 DC ITunes Downloads X /31 First National Bank Paycheck X 1, , / Washington Square Apartments Rent , Enter this amount at the top of the balance column on page C. W. Publications PAGE 2
3 No Description of Payment or Deposit Payment T Deposit Balance 2011 C. W. Publications PAGE 3
4 Use the following directions to complete your January account statement. (1) Enter the total number of deposits and other credits received by the bank in January. (2) Enter the total amount of the January deposits and other credits. (3) Enter the total number of checks and other debits for January. (4) Enter the total amount of checks and other debits for January. (5) Compute the bank's balance for this statement by adding the total amount of deposits and other credits to the last statement balance and subtracting from your answer the total amount of checks and other debits. (6) Compute the balance by date for the statement. (Remember to include both check transactions a n d c h e c k i n g a c c o u n t transactions.) First National Bank Previous Statement Balance... $ 1, Plus Deposits and Other Credits... $ Less Checks and Other Debits... $ Current Statement Balance (1/31)... $ Check Transactions Serial Serial / / / / / / / / / / Checking Account Transactions Description Debit Credit 01/02 DC Dick s Sporting Goods /07 DC Eagle Foods /10 DC Pizza Hut /13 Deposit /14 DC Shell /15 DB Checking to Savings /21 DC The Wharf /21 DC Eagle Foods /27 Deposit /31 DB Service Charge Balance By 12/31 $ 1, /15 01/02 01/17 01/04 01/21 01/07 01/27 01/10 01/28 01/13 01/30 01/14 01/ C. W. Publications PAGE 4
5 Use your account register, your January account statement and the directions at the bottom of the page to reconcile your account statement with your register. Your Register Balance... $ ADD (+) Deposits Not Recorded... $ Cash Reserve Advances... $ Miscellaneous Credit... $ SUBTRACT (-) Service Charges... $ Overdraft Charges... $ Check Order Charges... $ Cash Reserve Payments... $ Miscellaneous Debits... $ TOTAL... $ ADJUSTED BALANCE... $ Checks Outstanding (not charged to account) Number or These two numbers should be equal Account Balance Shown On This Statement... $ ADD (+) Deposits Not Credited In This Statement (if any)... $ SUBTRACT (-) $ $ TOTAL... $ Checks Outstanding... $ Adjusted Balance... $ Enter the balance from your account register. Enter any additions or subtractions to your account register balance to get the adjusted balance. Enter the current balance from the account statement. Enter the total of any deposits shown in your register, but not on the statement. Place an X in the T column of your register by each transaction which is shown on the account statement. The checks have been cashed, cleared, and returned to you with your statement. Assume all checks prior to #1341 have cleared previously. Enter the check number and amount of each check in your register which has not cleared. Enter the total amount of your checks which have not cleared. ADD any deposits not shown on the statement to the statement balance and SUBTRACT the total amount of the outstanding checks from your answer. This will give you the ADJUSTED STATEMENT BALANCE. If there are no mistakes in your register or in the account statement, the adjusted register balance will equal the adjusted statement balance C. W. Publications PAGE 5
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