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Because my account was overdrawn I have got a letter from BofA Your account has been closed they deposited the amount overdrawn now my ending balance is 0.00 do I have to pay them back?
Wiki User
∙ 12y ago
Yes!
Wiki User
∙ 12y ago
Millie Heim
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If a balance in the bank account is overdrawn on what side is the balance brought down?
bank
What does it mean if your account has a minus sign?
IT most likely means that your overdrawn on your account and its at a negative balance.
Roxanne deposited 300 into a savings account earning 5 annually What is her balance after 1 year?
Roxanne deposited $300 into a savings account earning 5¼% annually. What is her balance after 1 year
Shawna had a beginning balance in her checking account of 123.32 she wrote check 2341 for 23.77 she deposited two checks totaling 349.98 into her account what is her new balance?
447.53
Deposited money in bank is cr or dr?
Deposited Money is termed as "CR" or "Cr" or "Credit" it is a transaction in which money is deposited or credited or added to a customer's bank account. The bank balance of the account will increase by the amount of money that was actually credited during this transaction.
If a balance in the bank account is overdrawn on what side is the balance brought down?
bank
A negative and positive integer word problem?
1. Steve has overdrawn his checking account by $350. His bank charged him $150 for an overdraft fee. Then he quickly deposited $125. What is his current balance?
What does it mean if your account has a minus sign?
IT most likely means that your overdrawn on your account and its at a negative balance.
What is the term used for a negative checking account balance?
"Overdrawn" is the common term used to describe a negative checking account balance.
What if your checking account is overdrawn by 50. you write a check for 20. what is the balance on you account?
At the moment of writing the check, the balance is still $50 overdrawn. If the check should be presented to the bank, then your balance will depend upon several factors: If you have an overdraft facility and the $20 check does not exceed this, then your new balance will be $70 overdrawn. If you do not have an overdraft facility, then the bank may bounce (decline) the check, in which case your balance may still be $50 overdrawn. However, they may charge you for bouncing the check as you did not have the funds to meet the check, so your overdraft will be increased by their fee, whatever it is. They may honour the check and your bank balance will be $70 overdrawn. However, they may also charge you a fee for honouring the check when you were overdrawn; thus your balance will be increased from $70 overdrawn by their fee. You may also have received funds before the check was presented, eg you got paid, and so the balance may not be overdrawn and the check honoured without problem.
Why capital and equity account have a credit balance?
Because they are both income. Capital and equity are sums of money deposited into an account. They are not withdrawals.
How can you use negative numbers to represent real-world problems?
An overdrawn balance on your bank account is a negative number !
Rhonda wrote a check for 45.92 What is her new balance if she had a previous balance of 225.46 after how much will she overdrawn on her account if she writes another check for 453.87?
274.33(:
Roxanne deposited 300 into a savings account earning 5 annually What is her balance after 1 year?
Roxanne deposited $300 into a savings account earning 5¼% annually. What is her balance after 1 year
If i deposited 235.00 in 1974 in a savings account what would be my balance?
The amount in your balance would depend on the interest rate of your savings account.
What is the past tense of overdrawn?
The past tense of overdrawn is overdrew. As in "he overdrew his bank balance".
Example of a real life situation for the integer -100?
You overdraw your bank account by 100 currency units. What is your bank balance? That is, before the bank slaps on a overdrawn penalty, an interest charge, a charge to write to you to inform you that you are overdrawn, and quite possibly, a charge to tell you that you are now even more overdrawn than you thought because of all these charges!
