Chapter 4 Formulas Flashcards

1
Q

How do you find the Total Deposit?

A

(Currency + Coins + Checks) - Cash Received

How well did you know this?
1
Not at all
2
3
4
5
Perfectly
2
Q

How do you find the New Balance?

A

Previous Balance - Check Amount - Automatic Transfers
OR
Previous Balance + Deposit Amount

How well did you know this?
1
Not at all
2
3
4
5
Perfectly
3
Q

How do you find the Present Balance?

A

Previous Balance + Deposits - Withdrawals - Service - Service Charges + Interest

How well did you know this?
1
Not at all
2
3
4
5
Perfectly
4
Q

How do you find the Adjusted Balance?

A

Statement Balance - Outstanding Checks/Payments or Debits + Outstanding Deposits

How well did you know this?
1
Not at all
2
3
4
5
Perfectly
5
Q

How do you find the Total Fees?

A

Basic Charge + Bill Payments + Statement + ATM Surcharge + Cash Advance Fee

How well did you know this?
1
Not at all
2
3
4
5
Perfectly