Now let's get started with the exercise. Here is the full scenario:
Your client, Craig, needs some help to record a deposit transaction for a refund he’s received and for any other items in his Bank Deposit screen.
Here’s some useful information:
- The refund is from **Fidelity,** his insurance company
- It’s **check number 5487**
- The refund amount is **$30.00**
- It will be deposited into **Checking** and posted against the **Insurance** expense account
Here’s what you need to do:
- Create a deposit transaction for the refund from his insurance company
- Deposit anything else in Craig’s Bank Deposit screen