Copy of PF Unit 2 Lesson 1 - Checking Account Statement (5/21/2025)

Annually

Weekly

Daily

Monthly

First Bank charges customers for using their ATMs.

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

The first ATM transaction is free but all additional ATM transactions have a fee.

Banks charge fees if you take out less than $100 at an ATM machine.

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

John's Savings account balance increased by $50 and his Checking account balance had no change

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

John's Savings account balance had no change and his Checking account balance declined by $50

This check added $100 to John’s account.

This check caused John to overdraw his checking account.

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

This check likely came from John’s employer.

Check No. 410 for $710.49

Check No. 409 for $100

The Online Bill Payment for $146.67

The Overdraft Fee of $35

John’s payment was greater than the balance he had available in his account so the bank will deposit $237.81 into John’s account so he can pay his bills.

John’s payment was greater than the balance he had available in his account so the bank will transfer $35 from a linked account.

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

John’s payment was greater than the balance he had available in his account so he was charged a $5 monthly maintenance fee.

Ending Balance = Previous Balance + Deposits + Withdrawals

Ending Balance = Previous Balance + Deposits - Withdrawals

Ending Balance = Previous Balance - Deposits - Withdrawals

Ending Balance = Previous Balance - Deposits + Withdrawals