Question

A starting balance of $1,028.23, during the month there were checks in written for $300, $279.50 and $459.71 and a deposit of $1200. What was the balance in the account at the end of the month?

Answer 1

overdraft. A check written for more money than your account contains. floating a check. Writing a check hoping to deposit money to cover the check before it clears the bank (very risky) checkbook register.

Explanation:

overdraft. A check written for more money than your account contains. floating a check. Writing a check hoping to deposit money to cover the check before it clears the bank (very risky) checkbook register.