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
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Home » Mathematics » 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.