Question: Match the statements with the correct terms. a. bank statement b. check c. checkbook d. checking account e. reconciliation _______ The process of balancing the

 Match the statements with the correct terms. a. bank statement b.

Match the statements with the correct terms. a. bank statement b. check c. checkbook d. checking account e. reconciliation _______ The process of balancing the amount in checkbook statement so the balances agree. _______ A written order that authorizes your bank to pay money or to transfer funds from your account to the check holder. _______ A listing of the checks paid, deposits made, charges against the account, and the balance specific date. _______ An account opened at a bank for the purpose of making payments from funds on deposit in that bank. _______ Includes checks and a record of checks written and deposits made into an account. Complete the following statement by filling in the correct terms. A bill payment made directly from your checking account on a regularly scheduled basis is a(n) _______. _______ is a line of credit to write checks for more than the actual balance. _______ is an electronic network that enables banks to transfer funds. _______ allows customers to access their checking account funds immediately. _______ is the process of moving funds electronically from an account in one bank to an account in another bank. A payment made by a deposit directly to the receiver's bank account rather than by mailing a check is _______. _______ a allows you to pay bills using the Internet. Bank accounts are insured by FDIC for _______ for each depositor per institution. A(n) _______ is used by banks to show cleared checks 14, A(n) online or with your statement

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