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12 Cards in this Set
- Front
- Back
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deposit
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an amount of money that you put into a bank account.
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automatic teller machine (ATM)
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a machine where you deposit money electronically.
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personal identification number (PIN)
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a card that allows you to access your bank account and deposit your check into the machine.
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Formula for total deposit
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total deposit=(Currency + Coins + Checks) - Cash Received
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checking account
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a monetary account that allows the holder to write checks against money that has been deposited into it.
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check
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directs a bank to deduct money from your checking account to make a payment.
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check register
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use to keep a record of your deposits, electronic transfers, and the checks you have written.
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balance
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the amount of money in your account.
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bank statement
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lists all your checks that the bank has cleared, including any automatic transfers, ATM transcactions, and deposits that the bank has recorded since your last statement.
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service charge
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a fee charged for services rendered.
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reconcile
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this is to make sure your statement agrees with your check register.
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online banking
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internet banking.
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