What is the record that tracks every deposit and withdrawal in a checking account?

• A. Online Banking
• B. Check Register
• C. Bank
• D. Taxes

Answer: (B)

The main idea is keeping a personal log of every money move in a checking account. A check register is specifically designed for this: you record each deposit, withdrawal, check you’ve written, debit card purchase, ATM withdrawal, fees, and interest. By writing these down as they happen, you always know how much money you should have and you can compare your records with the bank’s statement to catch any mistakes.

Online banking is a digital view of your account, which is helpful for checking activity, but it’s not the personal ledger you keep separate from the bank’s records. The bank is the financial institution that holds your account, not a log you maintain. Taxes aren’t a daily transaction record of deposits and withdrawals either. Keeping a check register helps with budgeting and avoiding overdrafts by tracking the actual balance inside your own file.