
Basic Doc. Transactions related to the Bank Deposits
Authored by Nine Paris
Other
11th Grade
Used 2+ times

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1.
FILL IN THE BLANK QUESTION
1 min • 1 pt
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
2.
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1 min • 1 pt
which is accompanied with a
deposit or withdrawal slip
3.
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1 min • 1 pt
- it is a basic type of deposit account and can be withdrawn anytime the
depositor decides to
Answer explanation
Savings Account
4.
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1 min • 1 pt
which can be withdrawn through an
Automated Teller Machine 24/7.
5.
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1 min • 1 pt
- is usually non-interest earning and is evidenced by a checkbook
6.
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1 min • 1 pt
similar to a savings account, it can also be withdrawn anytime and is also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 It is withdrawn through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
7.
FILL IN THE BLANK QUESTION
1 min • 1 pt
- is a bank instrument used to put in effect the payment of the issuer
to a payee.
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