Question

2. On the Budget Challenge Cash Flow Spreadsheet (CFS) (this file is downloadable on the "How to Play" page of the website), what column should interest earned from her checking account be entered?

Answer 1

The template of the Budget Challenge Cash Flow Spreadsheet has the following Column Names:
A - Date

B - Deposits

C - Bank fees

D - Apartment

E - Renters Insurance

F - Car loan

G - Car Insurance

H - School loan

I - Cable

J - Energy Bill

K - Cell phone

L - Credit Card

M - Withdrawal

N - Deposits

O - Checking Account Balance

P - Comments

Interest Earned is entered in Column B which is the Deposits column. For the reason that the interest earned will unquestionably be credited by the bank into the bank account of the holder of the account. Next, it will be added in the Deposits total in Column N.