Understanding Checking and Debit Accounts

Question 1

Which statements about deposits are true? Check all that apply.

Revolt · Accepted Answer

A: Deposits increase the checking account balance.; C: Deposited money can be transferred electronically from one bank to another.; E: You can deposit a greater amount than the balance in the account.

Question 2

The letter represents where the amount of $20 should be written.

Revolt · Accepted Answer

A: A

Question 3

What is the balance in Natalie’s checking account?

Revolt · Accepted Answer

C: $155.30

Question 4

The letter represents where the amount of $36 should be written.

Revolt · Accepted Answer

D: D

Question 5

The ending balance, E, is $ .

Revolt · Accepted Answer

B: 154.85

Understanding Checking and Debit Accounts Answers

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