What is a record of deposits to and withdrawals from a checking account known as?

Study for the WebXam Introduction to Family and Consumer Sciences (FCS) Test. Use flashcards and multiple choice questions, each with hints and explanations. Prepare yourself for success!

A check register is a personal record-keeping tool that allows account holders to track all transactions related to their checking account. This includes deposits made into the account and withdrawals, whether through checks, debit card transactions, or electronic payments. By maintaining a check register, individuals can monitor their account balance in real time, reconcile their records with their bank statements, and ensure that they are aware of their financial status.

In practice, the check register provides an organized way to record and categorize each transaction, making it easier to identify spending patterns and manage budgets effectively. It serves as a detailed and ongoing record, unlike a bank statement, which is issued periodically by the bank and may not reflect the most current transactions.

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