financial literacy quest

Mathematics
Tutor: None Selected Time limit: 1 Day

During the month, you have been using your check register to keep track of financial activity related to your checking and savings accounts: ATM withdrawals, check deposits, written checks, receipts that detail your debit card spending, bill payments, and interest earned on your savings account. Today, you received your bank statement in the mail, and you opened the statement to reconcile with your check register. List which transactions you expect to see as debits and as credits.

Jun 9th, 2015

Thank you for the opportunity to help you with your question!

The transactions that would be listed as debits would be those that you have deducated or taken out of your account. Such as the ATM withdrawals, written checks, and bill payments. Those listed as credits would consist of being the interest earned on the account, and all of the checks that you have deposited to your account. The debits are the items that you subtract and the credits are the items that you add to your account.

Please let me know if you need any clarification or further assistance, I would be happy to help! I provide original writing with accurate details, contact me if you need any other assistance with your academic success!
Jun 9th, 2015

Studypool's Notebank makes it easy to buy and sell old notes, study guides, reviews, etc.
Click to visit
The Notebank
...
Jun 9th, 2015
...
Jun 9th, 2015
Dec 3rd, 2016
check_circle
Mark as Final Answer
check_circle
Unmark as Final Answer
check_circle
Final Answer

Secure Information

Content will be erased after question is completed.

check_circle
Final Answer