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    Student Handout - Reading A Bank Statement

    Uploaded by

    Robert Rathbun
    Here are the answers to the questions: 1. The new balance shown on the statement is $103.69. 2. The total amount of deposits listed in the check register but not shown on the statement is $253.17. 3. The sum of the new balance ($103.69) and the deposits not shown ($253.17) is $356.86. 4. The total amount of outstanding checks and withdrawals is $36.31. 5. The ending balance is $320.55.

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    © All Rights Reserved
    Download as DOC, PDF, TXT or read online from Scribd

    Student Handout - Reading A Bank Statement

    Uploaded by

    Robert Rathbun
    229 views7 pages
    Here are the answers to the questions: 1. The new balance shown on the statement is $103.69. 2. The total amount of deposits listed in the check register but not shown on the statement is $253.17. 3. The sum of the new balance ($103.69) and the deposits not shown ($253.17) is $356.86. 4. The total amount of outstanding checks and withdrawals is $36.31. 5. The ending balance is $320.55.

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    Reading a Bank Statement

    Original Title

    Student_Handout-_Reading_a_Bank_Statement

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    Here are the answers to the questions: 1. The new balance shown on the statement is $103.69. 2. The total amount of deposits listed in the check register but not shown on the statement is $253.17. 3. The sum of the new balance ($103.69) and the deposits not shown ($253.17) is $356.86. 4. The total amount of outstanding checks and withdrawals is $36.31. 5. The ending balance is $320.55.

    Copyright:

    © All Rights Reserved
    Download as DOC, PDF, TXT or read online from Scribd
    Download as doc, pdf, or txt
    229 views7 pages

    Student Handout - Reading A Bank Statement

    Uploaded by

    Robert Rathbun
    Here are the answers to the questions: 1. The new balance shown on the statement is $103.69. 2. The total amount of deposits listed in the check register but not shown on the statement is $253.17. 3. The sum of the new balance ($103.69) and the deposits not shown ($253.17) is $356.86. 4. The total amount of outstanding checks and withdrawals is $36.31. 5. The ending balance is $320.55.

    Copyright:

    © All Rights Reserved
    Download as DOC, PDF, TXT or read online from Scribd
    Download as doc, pdf, or txt
    of 7

    Name of Student ________________________

    Reading a Bank Statement


    Name ________________________

    Reading a Bank Statement


    Using the bank statement on the previous page, answer the following questions:

    1. What period does this statement cover?

    2. What is the account number of this statement?

    3. How many deposits were made and what were the amounts?

    4. How many checks cleared and what was the total dollar amount of the checks that cleared?

    5. Was there any ATM activity? If so, how many transactions were there, and what was the total
    amount?

    6. Were there any service charges? If so, what was the total amount?

    7. What is the total of all withdrawals (checks, ATM transactions, check card transactions, service
    charges)?

    9. What is the new balance of the account?

    10. Did check #182 clear?

    11. What was the amount of check #183?

    12. Did check #185 clear?

    13. What was the amount of check #187?


    Name of Student ________________________

    Reconciling an Account
    Use the bank statement, the check register, and the reconciliation worksheet on the
    following page to balance this checkbook.
    Name of Student ________________________

    Reconciling an Account (continued)

    Enter
    The New Balance shown
    on your statement $ ________

    Add
    Any deposits or transfers listed $ ________
    in your register that are not $ ________
    shown on your statement $ ________
    Total + $ ________

    Calculate the subtotal $ ________

    Subtract
    Your total outstanding
    checks and withdrawals - $ ________

    Calculate the ending balance


    This amount should be the
    same as the current balance
    in your check register $ ________

    Use the reconciliation worksheet above to answer the following questions:


    1. What is the new balance shown on the statement?

    2. What is the total amount of deposits listed in the check register but not shown on the statement?

    3. What is the sum of the new balance and the deposits not shown on the statement?

    4. What is the total amount of outstanding checks and withdrawals?

    5. What is the ending balance?


    2D Student Handout - Reading a Bank Statement
    Topic 2: Money Management Name of Student ________________________

    Reconciling an Account answer key


    Enter
    The New Balance shown
    on your statement $ __103.69__

    Add
    Any deposits or transfers listed $ __253.17__
    in your register that are not $ ________
    shown on your statement $ ________
    Total + $ __253.17_

    Calculate the subtotal $ __356.86__

    Subtract
    Your total outstanding
    checks and withdrawals - $ __36.31__

    Calculate the ending balance


    This amount should be the
    same as the current balance
    in your check register $ __320.55__
    Use the reconciliation worksheet above to answer the following questions:
    1. What is the new balance shown on the statement?

    2. What is the total amount of deposits listed in the check register but not shown on the
    statement?

    3. What is the sum of the new balance and the deposits not shown on the statement?

    4. What is the total amount of outstanding checks and withdrawals?

    5. What is the ending balance?

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