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Outstanding checks are checks the bank has paid and deducted from the customer's account during the month.

提问人:网友hahacom 发布时间:2022-01-07
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更多“Outstanding checks are checks …”相关的问题
第1题
Outstanding checks are checks that have been recorded by the bank, but are not yet recorded on the books.()
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第2题
In preparing bank reconciliation, the amount of outstanding checks is added to the baIn preparing bank reconciliation, the amount of outstanding checks is added to the balance per bank statement.()
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第3题
In preparing bank reconciliation, the amount of outstanding checks is added to the ba
lance per bank statement.()

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第4题
Outstanding checks are checks that have been recorded by the bank, but are not yet recorded on the books.()
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第5题
During preparation of a bank reconciliation, outstanding checks should be: ().

A.Added to the balance per the bank statement.

B.Deducted from the balance per the bank statement.

C.Added to the balance per the depositor's records.

D.Deducted from the balance per the depositor's records.

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第6题
The ending bank statement balance at November 30 is $6,750. The bank statement shows a ser
vice charge of $95, electronic funds receipts of $500 and a NSF check for $350. Deposits in transit total $2,050 and outstanding checks are $1,835. The balance per books at November 30 is $6,910. What is the adjusted book balance at November 30?

A.$6,750

B.$6,805

C.$6,965

D.$7,105

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第7题
听力原文:At Dresher First Bank, we know that small businesses make our community run. That
's because we've been dealing with small businesses for more than a hundred and twenty years. Dresher First Bank offers a number of products tailored to the needs of small business owners. Like our standard checking account, which features no minimum balance, no monthly fees, and lets you write up to three hundred checks a month. At Dresher First Bank, small business owners benefit from our years of commercial lending experience, all in the local community. Combine this with our outstanding array of competitively priced loans, and you'll see how Dresher First Bank helps the small and independent businesses that make our community run. Come by and see us sometime. We're here to help you.

Who is the intended audience for the advertisement?

A.New residents

B.Senior citizens

C.College students

D.Small businesses

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第8题
Checking accountsIn the United States, checking accounts are available only at commercial

Checking accounts

In the United States, checking accounts are available only at commercial banks. Commercial banks specialize in demand deposits, such as checking accounts. A checking account is money that a customer deposits in order to use that money to write checks. Saving accounts pay the depositor interest but checking accounts do not. In fact, checking account customers pay the bank a service charge for the bookkeeping involved in administering the account.

The method of recordkeeping is also different in savings accounts and checking accounts. A depositor must present his passbook for any savings account transaction. The bank records these transactions in the depositor's passbook. Checking account customers, however, do not have passbooks. They themselves record the amounts of the checks that they write and they receive a monthly statement from the bank. This statement lists all the checks that the bank paid and all deposits that the account holder made during the month. The bank usually sends the statements with the customer's cancelled checks. The customer then compares the balance on the statement with the balance in his own records by subtracting the total of his outstanding checks.

There are other fees that the bank may collect from checking account holders. For instance, banks charge a fee for stopping payment to a check. When a depositor decides that be doesn't want the bank to pay a payee, but he bas already written a check to that person, he may give the bank a stop payment order. The bank will then refuse to pay this check, and charges the depositor a fee. 'Banks also charge a depositor a fee when he is overdrawn. A depositor is overdrawn when he writes a check for more money than the balance in his account: The bank marks the check "insufficient funds", returns it, and charges a penalty for it. In everyday language we say that a check returned for insufficient funds has "bounced".

Recent changes in banking regulations have allowed savings banks to offer negotiable order of withdrawal accounts. These accounts, called N. O. W. accounts, are very similar to checking accounts but they pay interest like savings accounts. The depositor can write withdrawal orders against the balance in the account. These withdrawal orders look like checks, and depositors receive a monthly statement summarizing deposits and withdrawals. There is often no service charge if depositors keep a minimum balance in their accounts. Commercial banks also offer N. O. W. accounts.

As far as checking accounts go, the difference between savings banks and commercial banks is growing smaller in the U. S.

State whether each statement is true or false based on the reading.

Checking accounts are available at savings banks.

A.True

B.False

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第9题
Read the section “4.4. Robustness checks” of this article. What tools are used as robustness checks?
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第10题
The problem for the travelers with foreign checks is that______.A.only some of the America

The problem for the travelers with foreign checks is that______.

A.only some of the American banks accept the foreign checks

B.American banks are not used to dealing with foreign checks

C.American banks can't judge what foreign checks are

D.American banks only know what Eurocheques are.

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