Asked by Leeann Ouellette on Apr 23, 2024
Verified
Money put into a bank account,increasing the balance
A) ABA number
B) agent
C) ATM
D) bank statement
E) cashier's check
F) certified check
G) check register
H) checking account
I) currency
J) deposit
Bank Account
A financial account maintained by a bank or other financial institution for a customer, allowing the customer to deposit and withdraw money and, in some cases, accrue interest.
ABA Number
An ABA Number is a unique code present on checks and other financial documents to identify the specific U.S. financial institution on which it is drawn.
- Identify and understand different banking terms and their definitions related to checks and deposits.
Verified Answer
AV
Angeles Valdez7 days ago
Final Answer :
J
Explanation :
A deposit is the act of putting money into a financial account, which results in an increase in the account balance.
Learning Objectives
- Identify and understand different banking terms and their definitions related to checks and deposits.