Accounting - Journalizing Transactions Questions and Graded
Answers.
(Diagram)
What was Art's total deposit?
a.
$1,701.23
b.
$1,545.83
c.
$1,856.63
d.
$1516.35 - C(?)
Manny has just filled out his deposit ticket for his savings account. He hands it to the teller and
the teller hands it back to Manny. The teller explains to Manny that the deposit ticket cannot be
accepted in its current form. What must Manny do to the deposit ticket in order for the teller to
process the deposit ticket? - A
You have decided both to open a savings account and to purchase a vehicle. You would like a
savings account with the highest interest rate and a vehicle loan with a low interest rate. You
currently have a checking account at Bank A. From the banks listed below, determine with
which bank you should open a savings account and at which bank should you apply for your
vehicle loan. - C
Maggie noticed that her financial record is missing information. She recalls that on October 15th,
she purchased gasoline in the amount of $32.51 and on October 16th, she and her friends went
out for dinner, where she spent $25.62. Given this information, and the image below, determine
her balance as of October 26th. - A
Answers.
(Diagram)
What was Art's total deposit?
a.
$1,701.23
b.
$1,545.83
c.
$1,856.63
d.
$1516.35 - C(?)
Manny has just filled out his deposit ticket for his savings account. He hands it to the teller and
the teller hands it back to Manny. The teller explains to Manny that the deposit ticket cannot be
accepted in its current form. What must Manny do to the deposit ticket in order for the teller to
process the deposit ticket? - A
You have decided both to open a savings account and to purchase a vehicle. You would like a
savings account with the highest interest rate and a vehicle loan with a low interest rate. You
currently have a checking account at Bank A. From the banks listed below, determine with
which bank you should open a savings account and at which bank should you apply for your
vehicle loan. - C
Maggie noticed that her financial record is missing information. She recalls that on October 15th,
she purchased gasoline in the amount of $32.51 and on October 16th, she and her friends went
out for dinner, where she spent $25.62. Given this information, and the image below, determine
her balance as of October 26th. - A
