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April 23, 2014

Homework Help: money maniging

Posted by Callee on Monday, September 4, 2006 at 6:43pm.

I am in the 6th grade and in "tech" I am learning about money maniging and I forgot all off the fees for acounting. there is one that has to do with "if you write to mant checks and you don't keep a record of them you get charged". What is that one called?


Probably "insufficient funds" -- that is you don't have enough money in your account to cover the checks you've written.

=)


It is close to that but I think it starts with a "D".


How about an over draft fee


When one writes more checks than allowed in a limited check writing account, a "service" fee is imposed.

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