Please check my answers and let me know if I am correct thanks.
1. What are the three types of check endorsements used to deposit checks into a bank account.
A. Blank endorsement, in-person endorsement, and mobile endorsement
B. Blank endorsement, full endorsement, and restrictive endorsement
C. Company endorsement, full endorsement, and individual endorsement
D. None of the above
My answer is B. Blank endorsement, full endorsement, and restrictive endorsement
2. Mary's checking account had a balance of $ 3,100.55 on May 1. After looking at her bank statement, she noticed an NSF for $60.50, a service charge of $12.55, and a note collected for $600. There was one deposit in transit for $400 and no checks outstanding. What's the reconciled checkbook balance?
A. $5,327.50
B. $3,527
C. $3,627.50
D. $3,267.50
My answer is C. $3,627.50
3. The price of a refurbished PlayStation 4 dropped from $299.99to $180.55. What was the percent decrease in price? ( round to the nearest hundredth percent)
A. 39%
B. 39.82%
C. 39.81 %
D. 39.80%
My answer is A. 39%
4 answers