Asked by anmol setia on May 22, 2024
Verified
A deposit slip from Commercial Bank of Oakland shows a total deposit of $1,078.42. The cash received line shows $70.00. Compute the net deposit shown on the deposit slip.
Deposit Slip
A document provided by a bank for a depositor to fill out, detailing a deposit transaction's specifics such as date and amount.
Net Deposit
The total amount of money deposited in an account after all deductions, charges, or withdrawals have been subtracted.
- Determine the constituents of a transaction, such as deposits, checks, and banking charges.
- Engage in mathematical operations in financial circumstances, like adding and subtracting monetary activities.
Verified Answer
SS
Learning Objectives
- Determine the constituents of a transaction, such as deposits, checks, and banking charges.
- Engage in mathematical operations in financial circumstances, like adding and subtracting monetary activities.