Asked by Chazington Walker on May 11, 2024

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Verified

Itemized list of cash and checks deposited in a checking account

A) deposit record
B) deposit slip
C) electronic funds transfer system
D) endorsement
E) endorser
F) third-party check
G) limited check
H) maker
I) MICR numbers
J) money order

Itemized List

A list where each entry is separately listed and often numbered or bulleted.

Deposit Slip

A document accompanying a bank deposit, detailing the amount of cash and/or checks being deposited.

Electronic Funds Transfer System

A system that transfers money from one bank account directly to another without any paper money changing hands, often used for payroll, direct deposit, and bill pay services.

  • Acquire knowledge of and discern between different terms used in banking regarding checks and deposits, understanding their definitions.
verifed

Verified Answer

IA
Itunuoluwa Adeloyin Adepoju. 509May 14, 2024
Final Answer :
B
Explanation :
A deposit slip is a document that accompanies bank deposits, listing the amount of cash and checks being deposited.