Deposits

Flashcard
•
12th Grade
•
Hard
Wayground Content
FREE Resource
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11 questions
Show all answers
1.
FLASHCARD QUESTION
Front
A _____________ consists of checks, currency, or coins put into a bank account.
Back
deposit
2.
FLASHCARD QUESTION
Front
A deposit that is electronically transferred from your employer's checking account to your checking account is called a(n) __________________________
Back
direct deposit
3.
FLASHCARD QUESTION
Front
The ATM is only used for making withdrawals from your bank account. If you want to make a deposit, you must go to the bank.
Back
False
4.
FLASHCARD QUESTION
Front
A check is a document that directs the bank to deduct money from your account and make a payment.
Back
True
5.
FLASHCARD QUESTION
Front
Write the amounts in work form: $65.29
Back
6.
FLASHCARD QUESTION
Front
A check register does not keep a record of your deposits, electronic transfers, checks you have written and any ATM deposits or withdrawals.
Back
False
7.
FLASHCARD QUESTION
Front
To compare your check register with your bank statement to make sure they agree is called __________________________.
Back
reconciling
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