Chapter 4-Checking Accounts Quiz

What is a withdrawal?

• Expenses that do not change from month to month.

• Money set aside for the future.

• Taking money out of a checking or savings account.

• Money received, usually from a job, business, or assets

Amahl Jones earned $20.50 cutting grass, $16.50 babysitting, and $4.95 selling two baseball cards. He puts all but $10.00 in his checking account. What is his total deposit?

• $30.00

• $30.50

• $31.95

• $41.95

Amanda Sholes purchased two light fixtures from BL Central Lighting for $31.83 each. What was the amount of her check, expressed in words?

• sixty-four and 66/100 dollars

• seventy-three and 66/100 dollars

• seventy-six and 66/100 dollars

• sixty-three and 66/100 dollars

ALGEBRA: Marcella McCall makes a deposit at her bank. When she is finished, she has a receipt which totals $769 and $200 in cash. She recalls that the checks deposited totaled two times the amount of currency she had deposited. She did not deposit any coins. What amount of checks did she deposit?

• $303 in checks

• $313 in checks

• $323 in checks

• $646 in checks

What is the total deposit on the deposit slip?

• $89.76

• $113.76

• $155.76

• $163.76

The manager of Pia’s Taco Casa makes a deposit into the restaurant’s checking account at the end of the day. She has 2 fifty-dollar bills, 16 twenty-dollar bills, 4 ten-dollar bills, 1 five-dollar bill, 24 quarters, 12 dimes, and 3 nickels. She wants to receive 20 one-dollar bills to use as change the next day. How much is the total deposit?

• $432.35

• $452.35

• $472.35

• $492.35

Trish Wilson uses Orbit Bank’s online banking. One month she paid the basic charge, 15 bills, and requested a printed statement. Orbit’s online banking charges are shown below. What are Trish’s total service fees for the month?

• $14.75

• $13.50

• $12.50

• $13.75

On January 28, 2025, Oscar Jacobs checked out of the Sandy Beach Hotel after spending four nights. The cost of the room was $76.90 per night. He wrote a check to pay for his four-night stay. What is the total amount of his check, expressed in words?

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The amount of money that you put into an account.

• Deposit

• Reconcile

• Withdraw

• Service Charge