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You received the following statement for 2017 for your saving s account at a bank. Cash balances in the bank earn interest at a 5% rate per annum.
You received the following statement for 2017 for your saving s account at a bank. Cash balances in the bank earn interest at a 5% rate per annum.
Balance, January 1 2017 $100
Interest earnings 5
Withdrawals (5)
Balance, December 31, 2017 $100
make an income statement, balance sheet and cash flow statement for this account for 2017. Upload as an Excel spreadsheet.