Classic Savings Account

Sr. no.

Date

Narration

Withdrawal

Deposit

Closing balance

1

January 1^st, 2012

Opening Balance

Rs. 10,000/-

2

January 10^th, 2012

ECS Credit-VD

Rs. 10,000/-

Rs. 20,000/-

3

January 16^th, 2012

Cash Withdrawal

Rs. 5,000/-

Rs. 15,000/-

4

January 25^th, 2012

Cheque Deposit- MICR Clearing

Rs. 20,000/-

Rs. 35,000/-

5

January 28^th, 2012

HPCL Petrol Pump POS 43860000000012

Rs. 1,000/-

Rs. 34,000/-

6

January 30^th, 2012

Cash Deposit Mumbai

Rs. 9,000/-

Rs. 43,000/-

7

January 31^st , 2012

Funds Transfer

Rs. 25,000/-

Rs. 18,000/-

Sr. No.

Time Period

Calculation

Amount (Rs.)

1

EOD Balance from January 1^st, 2012 to January 9^th, 2012

Rs. 10,000/- x 9

Rs. 90,000/-

2

EOD Balance from January 10^th, 2012 to January 15^th, 2012

Rs. 20,000/- x 6

Rs. 1,20,000/-

3

EOD Balance from January 16^th, 2012 to January 24^th, 2012

Rs. 15,000/- x 9

Rs. 1,35,000/-

4

EOD Balance from January 25^th, 2012 to January 27^th, 2012

Rs. 35,000/- x 3

Rs. 1,05,000/-

5

EOD Balance from January 28^th, 2012 to January 29^th, 2012

Rs. 34,000/- x 2

Rs. 68,000/-

6

EOD Balance for January 30^th, 2012

Rs. 43,000/- x 1

Rs. 43,000/-

7

EOD Balance for January 31^st , 2012

Rs. 18,000/- x 1

Rs. 18,000/-

Total EOD balances for the month January 2012

Rs. 5,79,000/-

Divide by the no. of days in the month

31

Average Monthly Balance (AMB)