Math | Graded Assignment | Unit Test, Part 2 | Income

Name: Date:
Graded Assignment
Unit Test, Part 2: Income

Answer the questions. When you have finished, submit this assignment to your teacher by the due date for full
credit.
(Score for Question 1: ___ of 5 points)
1. Refer to the check register and bank statement to answer the questions.
D = Deposit AP = Automatic Payment ATM = Cash Withdrawal DC = Debit Card SC = Service Charge
Da Cod Transact Payment, Fee, ü Deposit, Balance
te e or ion Withdrawal (−) Credit (+)
Che Descripti
ck # on
398 2
6
7/0 214 Plumber 158 2 240 0
5 5 1
7/1 215 Car 168 3 71 6
0 payment 6 5
7/1 AP Cable bill 157 4 85 7
5 2 7
7/1 D Paychec 645 3 559 5
5 k 0 3
7/2 AP Phone 148 4 411 0
4 bill 6 7
7/3 D Paychec 645 3 (a)
1 k 0
8/0 ATM Dinner 80 0 986 3
6 0 7

Account Number 1025354852 Statement Period: 7/2/2013 to 8/3/2013

D R Description Debits Credits Balance

at ef (−) (+)
e #
7/ 21 Check 158.25 240.01
5 4
7/ 21 Check 168.36 71.65
10 5
7/ Auto Pay – Cable Co. 157.42 85.77
15
7/ Deposit 645.30 559.53
15
7/ Auto Pay – Phone 148.46 411.07
24 Company
7/ Deposit 645.30 (d)
31

(a) In the check register, what balance should have been entered on 7/31?

(a) On the bank statement, what should have been entered for the total deposits?

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 Math | Graded Assignment | Unit Test, Part 2 | Income
(b) On the bank statement, what should have been entered for the total withdrawals?

(c) On the bank statement, what should have been entered for the ending balance?

(d) Which transaction caused an overdraft, and what was the overdraft amount?

(e) Is the final balance in the register correct? Show how you know.

(Score for Question 2: ___ of 10 points)

2. Company A offers a semimonthly salary of $2432, and Company B offers a biweekly salary of $2390.

Which company pays a greater annual salary? Show your work.

Answer:

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