Directions: Practice your banking skills by completing the following exercise. Don't forget to record all of...
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Directions: Practice your banking skills by completing the following exercise. Don't forget to record all of your checks in the check register. 1. On October 3rd of this year, your received a statement from Home Town Bank showing that you have $93.50 in your checking account. Enter this amount in the checking account register included for the activity. 2. On October 4th, you bought groceries at Food Town Mart. The groceries cost $24.32 and you paid for them with check No. 1091. Write out the check, enter the purchase in your register and calculate your new balance. 3. On October 7th, you wanted $10 so you could go to the movies and have a little money for the weekend. Write out check No. 1092 for "cash", enter the amount in your register and calculate your new balance. 4. On October 10th, you received your telephone bill from C & P Telephone Company for $23.20. You paid the bill with check No. 1093. Write out the check, enter the amount in your register and calculate your new balance. Directions: Practice your banking skills by completing the following exercise. Don't forget to record all of your checks in the check register. 1. On October 3rd of this year, your received a statement from Home Town Bank showing that you have $93.50 in your checking account. Enter this amount in the checking account register included for the activity. 2. On October 4th, you bought groceries at Food Town Mart. The groceries cost $24.32 and you paid for them with check No. 1091. Write out the check, enter the purchase in your register and calculate your new balance. 3. On October 7th, you wanted $10 so you could go to the movies and have a little money for the weekend. Write out check No. 1092 for "cash", enter the amount in your register and calculate your new balance. 4. On October 10th, you received your telephone bill from C & P Telephone Company for $23.20. You paid the bill with check No. 1093. Write out the check, enter the amount in your register and calculate your new balance.
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Related Book For
Managerial Accounting Creating Value in a Dynamic Business Environment
ISBN: 978-0078025662
10th edition
Authors: Ronald Hilton, David Platt
Posted Date:
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