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Exhibit 15-2 -Refer to Exhibit 15-2. What Kind of Transaction Just Took

Question 132

Multiple Choice

Exhibit 15-2
Exhibit 15-2 -Refer to Exhibit 15-2. What kind of transaction just took place at Countybank? A) A customer withdrew $1,000 from her checking account. B) A customer deposited a $1,000 check in her savings account. C) A customer deposited $1,000 in her checking account. D) The bank purchased a security with $1,000 cash. E) The bank borrowed $1,000 from the Federal Reserve.
-Refer to Exhibit 15-2. What kind of transaction just took place at Countybank?

A) A customer withdrew $1,000 from her checking account.
B) A customer deposited a $1,000 check in her savings account.
C) A customer deposited $1,000 in her checking account.
D) The bank purchased a security with $1,000 cash.
E) The bank borrowed $1,000 from the Federal Reserve.

Correct Answer: