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viva [34]
1 year ago
14

The first ____________ of any amount deposited in a bank must be available to the depositor on the business day following the da

y of deposit.
Business
1 answer:
Oksanka [162]1 year ago
4 0

The first  $100  of any amount deposited in a bank must be available to the depositor on the business day following the day of deposit. Thus the correct option is A.

<h3>What is a Bank?</h3>

A bank is referred to as a financial institution that allows an individual to deposit and withdraw cash and allow them to borrow funds with a fixed interest rate for the purpose of investment.

The first $100  of any amount deposited in a bank must be available to the depositor on the business day following the day of deposit. A bank must make cash deposits into accounts withdrawable at the end of the business day following the banking day.

Therefore, option A is appropriate.

learn more about Bank, here:

brainly.com/question/15062008

#SPJ4

"Your question is incomplete, probably the complete question/missing part is:"

The first ______ of any amount deposited in a bank must be available to the depositor on the business day following the day of deposit.

A. $100

B. $200

C. $300

D. $500

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The bank charged another company's check against our account. This would be included on the bank reconciliation as a(n)?
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When bank charged another company's check against our account this would be included on the bank reconciliation as a addition to the balance per books.

A bank reconciliation statement summarizes banking and business activities and reconciles a company's bank accounts and its financial records. A bank reconciliation statement confirms that the payment has been processed and the cash collection has been credited to your bank account.

Withdraw an outstanding check. This will give you a reconciled bank balance. Then, use the cash balance at the end of the business to add up the interest earned and any outstanding bills. Deduct all bank charges, penalties and NSF checks.

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