Which of the following items will NOT appear as deductions on a bank statement?
A) NSF checks
B) EFT
C) Service Charge
D) Deposits

Name: Which of the following items will NOT appear as deductions on a bank statement? A) NSF checks B) EFT C) Service Charge D) Deposits
Brand: Quizplus
Rating: 4.9 (36 reviews)

Question

Quizplus · Accepted Answer

Deposits increase the balance in a bank account and therefore will not appear as a deduction on a bank statement. NSF checks, EFT, and service charges are all deductions that will appear on a bank statement.

Which of the Following Items Will NOT Appear as Deductions