case study

Annie needs help managing her checking account. Can you help her?

1. Track her money

2. Determine what transaction types she is using (deposit or withdrawal)

3. Decide what she can buy after she pays her bills

4. Determine her final balance

5. Suggest other things she can do with her remaining money

Annie received two paychecks for $75 and three birthday checks for $20, $25, and $15. Her expenses/bills are a $34 phone bill, $60 ticket to school prom, $20 for carfare, and $30 for lunch. What does she have left?

Date	Transaction type	Item	Deposit (credit)	Withdrawal (debit)	Balance
1-1-2020	Deposit	Paycheck	$75
2-2-2020	Deposit	Paycheck	$75
1-4-2020	Deposit	Birthday check	$20
4-5-2020	Deposit	Birthday check	$25
5-6-2020	Deposit	Birthday check	$15
1-7-2020	Withdrawal	Phone bill		$34
11-8-2020	Withdrawal	Prom		$60
1-9-2020	Withdrawal	Carfare		$20
12-10-2020	Withdrawal	Lunch		$30

Annie would also like to buy the following items:

1. New sneakers for $70

2. A CD for $18

3. A new outfit for $59

1. Does she have enough money for all three items?

2. Which items can she buy?

3. How will she pay for the items?

4. What can she do with her remaining money?

5. How much balance at his account11-8-2020?