JOHN GREENE PERSON Checking account agreeing statemen

0.0(0)
Studied by 0 people
call kaiCall Kai
learnLearn
examPractice Test
spaced repetitionSpaced Repetition
heart puzzleMatch
flashcardsFlashcards
GameKnowt Play
Card Sorting

1/9

encourage image

There's no tags or description

Looks like no tags are added yet.

Last updated 5:53 AM on 5/29/26
Name
Mastery
Learn
Test
Matching
Spaced
Call with Kai

No analytics yet

Send a link to your students to track their progress

10 Terms

1
New cards

How frequently does John typically receive account staternents from his bank?

Monthly

2
New cards

How much did John Jones have in his account on the first day of the statement: period?

$255.55

3
New cards

•John has two ATM transactions but only one of them has a fee (Interac). Why?

Interac is an out-of-network ATM and First Bank charges customers if they use out of network atms

4
New cards

Most employers will pay their employees by directly depositing their paycheck into their checking account. According to his checking account statement, John was paid...

every

$694.81, 2 weeks

5
New cards

What is the impact of the Online Funds Transfer - From Savings that appears on John's statement?

John's Savings account balance declined by $50 and his Checking account balance increased by $50

6
New cards

Which statement is true regarding Check No. - 409?

This check was written by John and paid to another person or business.

7
New cards
  1. which transaction caused John to overdraw his account?

Check No. 410 for $710.49

8
New cards

What was the result of John overdrawing his checking account?

John's payment was greater than the balance he had available in his account so he was charged a $35 fee.

9
New cards

Which fees was John charged on his checking account during this statement period?

  1. ATM Fee, Overdraft Fee, Maintenance Fee

10
New cards

What is the mathematical formula that you would use to describe the finarcial activity on a bank. statement?

Ending Balance = Previous Balance + Deposits - Withdrawals