JG Test Banking - Checking (Retake) (12/19/24)

A process to make sure your checkbook balance matches your financial institution's balance for your account. Mark only one oval.

• Reconcile

• Deposit

• Withdrawal

• Endorse

A form you use to keep track of your checking account transactions.

• Check Register

• Checking Account

• Cleared Check

• Deposit Slip

To sign your name on the back of a check in order to cash it or deposit it.

• Overdraft

• Endorse

• Reconcile

• Deposit

This means that a check is not good or not usable. You would write this word across the top of a check so it cannot be used.

• Valid

• Deposit

• Endorse

• Void

When you use this card the money comes directly from your checking account. Mark only one oval.

• Debit

• Credit

• Check

• Gift

If you pay for something with a check or your debit card and it does not show up immediately in your account it would be (a)   .

• pending charges

• non-sufficient Funds

• recording a transaction

• an Overdraft

When you make sure the balance in your check register matches your bank statement you are (a)   your checkbook.

• reconciling

• pending

• editing

• endorsing

The bank will give you access to a bank statement. Mark only one oval.

• once a month

• once a year

• when you ask for it

• when they feel it is necessary

Who should check bank accounts regularly to keep track of your money when you are an adult?

• You

• Your parents

• The bank

Recording a transaction means

• you wrote it in your check register

• you balanced your check register

• you reconciled your check register