Asked by Yakyra Shelton on Jul 02, 2024

A First National Bank depositor made out a deposit slip showing currency of $620.00, coins of $13.25, and two checks for $113.30 and $174.00. Compute the total deposit shown on the deposit slip.​

First National Bank

A commonly used name for banks in various countries, typically indicating it was the first bank chartered under national laws.

Deposit Slip

A document that accompanies bank deposits, detailing the amount of cash and/or checks being deposited.

Currency

A system of money in general use in a particular country.

  • Recognize the elements involved in a transaction, including deposits, checks, and bank fees.
  • Carry out mathematical operations within fiscal contexts, like the addition and deduction of transactions.