Asked by Rebecca Rivera on Jul 02, 2024
Verified
A Bank of the West deposit slip shows currency of $970.00, three checks listed on the front for $58.92, $37.46, and $4.59, and total checks from the other side of the deposit slip of $687.40. Compute the total shown on the deposit slip.
Bank of the West
A financial institution headquartered in San Francisco, California, providing banking and financial services.
Deposit Slip
A written form that lists cash and checks being deposited in a bank account and cash received from the amount being deposited.
Currency
A system of money in general use in a particular country, representing the medium of exchange for goods and services.
- Apply arithmetic operations in financial contexts, such as addition and subtraction of transactions.
- Identify the components of a transaction such as deposits, checks, and bank charges.
Verified Answer
SP
Learning Objectives
- Apply arithmetic operations in financial contexts, such as addition and subtraction of transactions.
- Identify the components of a transaction such as deposits, checks, and bank charges.