An electronic funds transfer does not eliminate the need to write a check.
Correct Answer:
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Q40: The bank increases your account balance when
Q41: A listing of all transactions by the
Q42: The bank statement is the primary tool
Q43: The payee of a check is recorded
Q44: If a check that you deposit is
Q46: Deposits that appear on your records, but
Q47: The payee of a check is the
Q48: A credit memorandum, when received from the
Q49: When reconciling your bank statement, outstanding checks
Q50: When reconciling a bank account, an unrecorded
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