Basic Doc. Transactions related to the Bank Deposits

is an interest-bearing deposit account held at a bank or other financial

institution. Though these accounts typically pay a modest interest rate, their

___and ____makes them a great option for parking cash you want

available for short-term needs

which is accompanied with a

deposit or withdrawal slip

- it is a basic type of deposit account and can be withdrawn anytime the

depositor decides to

Answer explanation

Savings Account

which can be withdrawn through an

Automated Teller Machine 24/7.

- is usually non-interest earning and is evidenced by a checkbook

similar to a savings account, it can also be withdrawn anytime and is also

payable on demand, except for post-dated checks. It is withdrawn through

check or the ATM

- is a bank instrument used to put in effect the payment of the issuer

to a payee.

has only one signatory.

A precautionary measure in writing check is by ____ it so that it will be

deposited to the account of the rightful payee. To cross a check, mark the

check with two diagonal lines at the top left corner, or indicate ____or

______on it

has two signatories and is used

by businesses