Balancing a checkbook is easy. The task involves recording every withdrawal and every deposit you’ve made in the recent past and will make in the near future. Once you’ve done so, you’ll need basic math skills and a few minutes each day or month to verify the accuracy of your work and to calculate a running balance.
And it’s important to do so for two key purposes:
To know how much money is actually available in your checking account at any point in time — partly so you don’t overdraw your balance; andTo reconcile your checking account with your bank statement, which allows you to spot errors (or even fraudulent activity) and to account for any transactions you may have overlooked in your book keeping hope this helps:)The direct deposit would appear in the credit's column of a bank statement for a checking account option (D) is correct.
A direct deposit by a payer into a payee's bank account is referred to as a direct deposit. Businesses most usually use direct deposits to pay salaries and wages, and they are typically made through electronic funds transfers or physical deposits into a payee's bank account.
From the definition, the direct deposit is the amount which is deposited by the individual bank accounts.
A direct deposit would appear in the credit's column of a bank statement for a checking account.
Thus, the direct deposit would appear in the credit's column of a bank statement for a checking account option (D) is correct.
Learn more about the direct deposit here:
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