17
QuizMultiple Choice

Managing Credit and Debit — Test

Question 17 • Personal Finance

Martin puts his weekly paycheck into his checking account. In which column should he write the value of his paycheck? Open image in full-screen view

Answer
A
Check number
B
Debit
C
Deposits
D
Balance

Explanation

A paycheck added to a checking account is money coming into the account, so it is recorded as a deposit. The Deposits column is where Martin should write the paycheck amount; Debit is for money taken out, and Balance shows the amount remaining.

AI-written and checked against the verified answer.

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