BACHELOR OF BUSINESS ADMINISTRATION

BUSINESS ADMINISTRATION

BUSINESS MATHEMATICS

Question [CLICK ON ANY CHOICE TO KNOW THE RIGHT ANSWER]
A ____ is used by the account holder to record transactions going in and out of their account such as deposits, ATM withdraws, checks written, etc.
A
Deposit Slip
B
Check Register
C
Check
D
Online Banking
Explanation: 

Detailed explanation-1: -Bookkeeping is the recording of all financial transactions, including financial records of purchases, sales, receipts and payments, as well as accruals for payables or receivables.

Detailed explanation-2: -Withdrawal slip helps a person withdraw the necessary amount from his/her bank account. A document used by the account holders to withdraw cash from the bank is known as withdrawal slip. Withdrawal slip helps to keep a record of the details of the withdrawal amount.

Detailed explanation-3: -A statement of accounts is a document that reflects all transactions that took place between you and a particular customer for a given period of time.

Detailed explanation-4: -A checking account might be just what you’re looking for. It’s a bank account used for everyday deposits and withdrawals-that means putting money into your account, taking it out or using your debit card in the place of cash.

There is 1 question to complete.