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View a copy of your most recent bank statement, if you don't have an account pull a sample bank statement from the web or see

  • View a copy of your most recent bank statement, if you don't have an account pull a sample bank statement from the web or see if a family member will allow you to look at their statement.
  • Identify all the increases and decreases in the account the occurred for the month.
  • Determine how the ending balance was calculated.
  • Then submit the answer the following four questions:
      1. Why are increases to the account recorded as credits?
      2. How would you expect Ca$h App, PayPal, Zelle, or other ACH payments to be recorded on a bank statement, DEBIT or CREDIT?
      3. How would you expect Ca$h App, PayPal, Zelle, or other ACH receipts to be recorded on a bank statement, DEBIT or CREDIT?
      4. If there are checks written, do you see any break in sequence?

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