Understanding Checking and Debit Accounts Answers

12 verified answers3 views
1
Free Preview

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

A
Deposits increase the checking account balance.
B
A deposit is money that is subtracted from a bank account.
C
Deposited money can be transferred electronically from one bank to another.
D
You cannot make a deposit at an ATM.
E
You can deposit a greater amount than the balance in the account.
3

The ending balance, E, is $ .

A
194.85
B
154.85
C
122.85
D
82.85
6

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

Answers:
represents where the amount of $20 should be written.:A
represents where the amount of $36 should be written.:D
.:154.85
8

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

A
Deposits increase the checking account balance.
B
A deposit is money that is subtracted from a bank account.
C
Deposited money can be transferred electronically from one bank to another.
D
You cannot make a deposit at an ATM.
E
You can deposit a greater amount than the balance in the account.
11

Question text not available

Answers:
represents where the amount of $20 should be written.:A
represents where the amount of $36 should be written.:D
.:154.85

Did you find these answers helpful?

Understanding Checking and Debit Accounts…