What a ledger record contains

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What a ledger record contains

Name:
Date:
Class:

Quick Questions

Shade in the A or B circle for each question.

1. Which set of details does a ledger record for a currency transaction state?
A Sender's password, receiver's address and the bank's logo
B Sender, receiver and amount
2. Ava sends 20 coins to Ben. Who is the receiver in the ledger record?
A Ben
B Ava
3. Ava sends 20 coins to Ben. What is the amount in the ledger record?
A 20 coins
B Ben
4. Ava sends 20 coins to Ben, then Ben sends 5 coins to Cara. How many ledger records are needed?
A 1 record that combines both transactions
B 2 records, one per transaction
5. Which ledger record is complete?
A Sender: Mia, Receiver: Leo, Amount: 15
B Sender: Mia, Amount: 15

Match the Pairs

Draw a line connecting each item on the left to its match on the right.

Left columnRight column
1Sender: Ava AAva -> Liam : 10 Mia -> Noah : 5
2Amount: 25 BShows who the money came from in this ledger record
3A ledger record names the sender, the receiver and the amount CThe amount is missing. A ledger record must also say how much money was sent.
4Each transaction gets its own record, so two payments need two lines DTwo transactions are squashed into one record. Each transaction needs its own record with one sender, one receiver and one amount.
5Ava -> Liam EShows how much money was sent in this ledger record
6Ava -> Liam, Mia : 10, 20 FAva -> Liam : 10

Definitions

ledger record

Fill in the Blanks

Complete each line of code by filling in the missing parts.

1.
record: ______=Ava, receiver=Ben, amount=20
2.
record: sender=Ava, ________=Ben, amount=20
3.
record: sender=Ava, receiver=Ben, ______=20
4.
Ava pays Ben 20 coins record: sender=Ava, receiver=Ben, amount=__
5.
Ava pays Ben 20 coins Zoe pays Max 5 coins records needed: _

Spot the Error

Shade in the letter of the line that contains an error.

Question 1
A # Zoe sends Max 15 coins
B sender: Max
C receiver: Max
D amount: 15
Question 2
A # Ravi sends Mia 8 coins
B sender: Ravi
C receiver: Mia
D amount: 80
Question 3
A # Lily sends Omar 12 coins
B sender: Lily
C amount: 12
D receiver: Lily
Question 4
A # Ava to Ben 5, Cai to Dee 9
B Record 1: Ava > Ben, 5
C Record 2: Cai > Dee
Question 5
A # Jo pays Sam 6, Jo pays Ed 7
B Record 1: Jo > Sam, Ed, 13
C Record 2: Jo > Ed, 7

Answer Key

What a ledger record contains
Section A: Quick Questions
Q1
B — Sender, receiver and amount
Q2
A — Ben
Q3
A — 20 coins
Q4
B — 2 records, one per transaction
Q5
A — Sender: Mia, Receiver: Leo, Amount: 15
Section B: Match the Pairs
Q1
Sender: Ava → Shows who the money came from in this ledger record
Q2
Amount: 25 → Shows how much money was sent in this ledger record
Q3
A ledger record names the sender, the receiver and the amount → Ava -> Liam : 10
Q4
Each transaction gets its own record, so two payments need two lines → Ava -> Liam : 10 Mia -> Noah : 5
Q5
Ava -> Liam → The amount is missing. A ledger record must also say how much money was sent.
Q6
Ava -> Liam, Mia : 10, 20 → Two transactions are squashed into one record. Each transaction needs its own record with one sender, one receiver and one amount.
Section C: Definitions
Q1
ledger record — One entry in a ledger that states who sent the money (sender), who received it (receiver) and how much was sent (amount). Each transaction gets its own record.
Section D: Fill in the Blanks
Q1
record: sender=Ava, receiver=Ben, amount=20
Q2
record: sender=Ava, receiver=Ben, amount=20
Q3
record: sender=Ava, receiver=Ben, amount=20
Q4
Ava pays Ben 20 coins record: sender=Ava, receiver=Ben, amount=20
Q5
Ava pays Ben 20 coins Zoe pays Max 5 coins records needed: 2
Section E: Spot the Error
Q1
B — The comment says Zoe sends the money, so Zoe is the sender. The line should be sender: Zoe. Max is the receiver.
Q2
D — The transaction sends 8 coins, so the amount in the record must be 8. The line should be amount: 8.
Q3
D — Omar receives the money, so he is the receiver. Lily is the sender and cannot also be the receiver. The line should be receiver: Omar.
Q4
C — Every ledger record must state the amount as well as the sender and receiver. The amount is missing. The line should be Record 2: Cai > Dee, 9.
Q5
B — Each transaction gets its own record. Jo's two payments must not be merged into one record. The line should be Record 1: Jo > Sam, 6.