which statements about deposits are true? check all that apply. deposits increase the checking account…

which statements about deposits are true? check all that apply. deposits increase the checking account balance. a deposit is money that is subtracted from a bank account. deposited money can be transferred electronically from one bank to another. you cannot make a deposit at an atm. you can deposit a greater amount than the balance in the account.

which statements about deposits are true? check all that apply. deposits increase the checking account balance. a deposit is money that is subtracted from a bank account. deposited money can be transferred electronically from one bank to another. you cannot make a deposit at an atm. you can deposit a greater amount than the balance in the account.

Answer

Answer:

  • Deposits increase the checking account balance.
  • Deposited money can be transferred electronically from one bank to another.
  • You can deposit a greater amount than the balance in the account.

Brief Explanations:

Deposits add funds to an account, so they increase the balance. Electronic fund - transfer is a common way to move deposited money between banks. And there's no rule preventing depositing more than the current account balance.