Podcast
Questions and Answers
What was the debt on the account on 10.06?
What was the debt on the account on 10.06?
What was the total amount paid into the account from the beginning to the end?
What was the total amount paid into the account from the beginning to the end?
What is the account balance on 1st September?
What is the account balance on 1st September?
What was the credit amount deposited on 18.05?
What was the credit amount deposited on 18.05?
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How much was credited on 11.08?
How much was credited on 11.08?
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Study Notes
Account Statement
- The account statement shows the balance of a bank account over a period of time, with credits added and debits subtracted.
- There are credits on the account on 03.05, 18.05, 05.06, 14.06, and 11.08 for 87€, 65€, 75€, 98€, and an unknown amount respectively.
- There is a balance of 165€ on 05.06 and 235€ at the end of the month on 31.08.
Calculations
- The debt on the account on 10.06 is 90€, calculated by subtracting the credit on 05.06 (75€) from the balance on the same date (165€).
- The total payments made from the start of the account to the end of the month is 325€. This is calculated by adding the sum of all credits (87€ + 65€ + 75€ + 98€ = 325€).
- The account balance on the 1st of September is 235€. This is the same as the balance at the end of the month on 31.08.
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Description
This quiz focuses on understanding the calculations related to an account statement over a specified period. You'll analyze account balances, credits, and debits to determine the net position and payments made. Test your knowledge of basic banking and financial literacy concepts.
