On Friday, March 16th, Bob Smith's beginning checking balance is $50 and his account is credited for a deposit of $100. That same day, two checks are posted totaling $75.

Will an overdraft occur if Bob's bank credits deposits before it posts checks? yes or no

Will an overdraft occur if Bob's bank posts checks before it credits deposits? yes or no

Question

Nora Goodwin

10 July, 14:06

+2

Answers (2)

Know the Answer?

Rogelio Collier · Answer 1

Yes cuz if Bob's overdraft is more than 36 but less than 50 then you have you're letting her number

Atlas · Answer 2

No

Yes

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