Answered

Find the best solutions to your problems with the help of IDNLearn.com's experts. Find in-depth and accurate answers to all your questions from our knowledgeable and dedicated community members.

Laurie checks her monthly bank statement and notices a negative balance. What is the most likely reason for this?

A. Laurie was overcharged for a purchase.
B. Laurie spent more money than was in the account.
C. Laurie's employer forgot to deposit her payroll check.
D. Laurie's friend requested money through a mobile payment app.

Sagot :

GinnyAnsweridn

Final answer:

Spending more money than in your account can result in a negative balance, leading to transaction rejections or overdraft fees.


Explanation:

Spending more money than is available in an account can lead to a negative balance. Banks may reject transactions or charge overdraft fees in such cases, emphasizing the importance of managing finances carefully.


Learn more about Banking and Finance here:

https://brainly.com/question/37324673


Thank you for joining our conversation. Don't hesitate to return anytime to find answers to your questions. Let's continue sharing knowledge and experiences! IDNLearn.com provides the best answers to your questions. Thank you for visiting, and come back soon for more helpful information.