date description ref withdrawals deposits balance 2024 - 04 - 18 previous balance $0.55 2024 - 04 - 24…

date description ref withdrawals deposits balance 2024 - 04 - 18 previous balance $0.55 2024 - 04 - 24 payroll deposit - hotel $694.81 $695.36 2024 - 04 - 24 online bill payment - mastercard 9685 $200.00 $495.36 2024 - 04 - 26 atm withdrawal - interac 3990 $20.00 $475.36 2024 - 04 - 26 fees - interac $3.00 $472.36 2024 - 04 - 30 pos deb purchase - electronics 1975 $2.99 $469.37 2024 - 05 - 02 online bill payment - amex 3314 $300.00 $169.37 2024 - 05 - 03 atm withdrawal - first bank 6400 $100.00 $69.37 2024 - 05 - 06 pos deb purchase - supermarket 1559 $29.08 $40.29 2024 - 05 - 07 pos deb refund - electronics 1975 $2.99 $43.28 2024 - 05 - 11 online bill payment - energy co. 2475 $28.74 $14.54 2024 - 05 - 12 payroll deposit - hotel $694.81 $709.35 2024 - 05 - 12 online funds transfer - from savings 2620 $50.00 $759.35 2024 - 05 - 14 online bill payment - insurance 3948 $146.67 $612.68 2024 - 05 - 15 check no. - 410 $100.00 $512.68 2024 - 05 - 16 check no. - 410 $710.49 - $197.81 2024 - 05 - 16 fees - overdraft $35.00 - $232.81 2024 - 05 - 18 fees - monthly maintenance $5.00 - $237.81 totals $1,680.97 $1,442.61 8 multiple choice 1 point what was the result of john overdrawing his checking account? john’s payment was greater than the balance he had available in his account so the bank will deposit $237.81 into john’s account so he can pay his bills. john’s payment was greater than the balance he had available in his account so he was charged a $35 fee. john’s payment was greater than the balance he had available in his account so the bank will transfer $35 from a linked account. john’s payment was greater than the balance he had available in his account so he was charged a $5 monthly maintenance fee.

date description ref withdrawals deposits balance 2024 - 04 - 18 previous balance $0.55 2024 - 04 - 24 payroll deposit - hotel $694.81 $695.36 2024 - 04 - 24 online bill payment - mastercard 9685 $200.00 $495.36 2024 - 04 - 26 atm withdrawal - interac 3990 $20.00 $475.36 2024 - 04 - 26 fees - interac $3.00 $472.36 2024 - 04 - 30 pos deb purchase - electronics 1975 $2.99 $469.37 2024 - 05 - 02 online bill payment - amex 3314 $300.00 $169.37 2024 - 05 - 03 atm withdrawal - first bank 6400 $100.00 $69.37 2024 - 05 - 06 pos deb purchase - supermarket 1559 $29.08 $40.29 2024 - 05 - 07 pos deb refund - electronics 1975 $2.99 $43.28 2024 - 05 - 11 online bill payment - energy co. 2475 $28.74 $14.54 2024 - 05 - 12 payroll deposit - hotel $694.81 $709.35 2024 - 05 - 12 online funds transfer - from savings 2620 $50.00 $759.35 2024 - 05 - 14 online bill payment - insurance 3948 $146.67 $612.68 2024 - 05 - 15 check no. - 410 $100.00 $512.68 2024 - 05 - 16 check no. - 410 $710.49 - $197.81 2024 - 05 - 16 fees - overdraft $35.00 - $232.81 2024 - 05 - 18 fees - monthly maintenance $5.00 - $237.81 totals $1,680.97 $1,442.61 8 multiple choice 1 point what was the result of john overdrawing his checking account? john’s payment was greater than the balance he had available in his account so the bank will deposit $237.81 into john’s account so he can pay his bills. john’s payment was greater than the balance he had available in his account so he was charged a $35 fee. john’s payment was greater than the balance he had available in his account so the bank will transfer $35 from a linked account. john’s payment was greater than the balance he had available in his account so he was charged a $5 monthly maintenance fee.

Answer

Brief Explanations:

Overdrawing an account means making a payment greater than the available balance. In banking, this often incurs an overdraft fee. Looking at the transaction list, on 2024 - 05 - 16, there is a "Fees - OVERDRAFT" of $35. This indicates that when John made a payment greater than his available balance, he was charged a $35 overdraft fee.

Answer:

John's payment was greater than the balance he had available in his account so he was charged a $35 fee.