Understanding Checking and Debit Accounts Answers

Beth withdrew $35 from her checking account. In which column should she record the $35 withdrawal?

Karen has $800 to open a checking account. She wants an account with the lowest fees. She only writes about five checks per month and her employer has direct deposit. She does not plan on using the ATM or online banking. Bank Account Terms and ConditionsWhich checking account would be best for Karen?

Which bank does not charge at all for using the ATM? Bank Account Terms and Conditions

Martin puts his weekly paycheck into his checking account. In which column should he write the value of his paycheck?

Which account has the lowest minimum balance requirement?Bank Account Terms and Conditions

Wilbur has $800 to open a checking account. He can maintain a minimum balance of at least $500. He plans to use the ATM twice a month and he maintains a savings account at the same bank. His employer has direct deposit and he sometimes overdrafts his account. Bank Account Terms and ConditionsWilbur wants a checking account with the lowest fees. Which checking account would be best for Wilbur?

Paul wrote a check to the dentist for $345.69. He’ll use the check register to record his transaction. What will be his new balance?

Becca has $500 to open a checking account. She wants an account with the lowest fees. She writes about 12 checks per month and her employer has direct deposit. She plans to only use her bank’s ATM four times a month. Bank Account Terms and ConditionsWhich checking account would be best for Becca?

Jana has $100 to open a checking account. She can maintain a monthly balance of $300. She also has a savings account at the same bank. She plans to use online bill paying and write fewer than 10 checks per month. She currently uses her bank’s ATM several times per month. Jana does not overdraw her account. Bank Account Terms and ConditionsJana wants an account with the lowest fees. Which checking account would be best for Jana?

Devonte is balancing his checking account. His account statement does not include a deposit of $107.00 that he made on November 1st. What is Devonte’s actual account balance?