Understanding Checking and Debit Accounts

Question 1

Which transactions can increase the balance in a checking account? Check all that apply.

Revolt · Accepted Answer

direct deposit of a paycheck; EFT from a different bank into the account

Question 2

Question 2

Revolt · Accepted Answer

represents where the amount of $158.29 should be written.: A; represents where the amount of $250 should be written.: D

Question 3

For Mathew Carter, the check would be a ✔ depositX debitwithdrawaltransfer.

Revolt · Accepted Answer

✔ deposit; .: deposit; the balance in his checking account.: added to

Question 4

The amount would be double✔ added toX subtracted fromhalf of the balance in his checking account.

Revolt · Accepted Answer

✔ added to

Question 5

The current balance is $ .

Revolt · Accepted Answer

33.18

Question 6

The letter ✔ ABCDEF represents where the amount of $158.29 should be written.

Revolt · Accepted Answer

✔ A; represents where the amount of $158.29 should be written.: A; represents where the amount of $250 should be written.: D

Question 7

The letter X ABC✔ DEF represents where the amount of $250 should be written.

Revolt · Accepted Answer

✔ D

Question 8

Which shows the correct amount in Carl’s checking account?

Revolt · Accepted Answer

$51.75

Question 9

Which checking account would be best for Kiera? Account

Revolt · Accepted Answer

B

Understanding Checking and Debit Accounts Answers