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  • Career Paths Accounting SB-27

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    Yanet
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    The document is a notice from a bank to Mr. Johnson informing him that he has overdrawn his bank account by $200. It explains that a check for $500 was cashed against his account balance of $300, resulting in the overdraft. The notice states there is a $35 overdraft fee on his upcoming account statement and advises him not to make any additional withdrawals until compensating for the overdraft in order to avoid further fees. It provides contact information for customer service if he has any questions.

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    The document is a notice from a bank to Mr. Johnson informing him that he has overdrawn his bank account by $200. It explains that a check for $500 was cashed against his account balance of $300, resulting in the overdraft. The notice states there is a $35 overdraft fee on his upcoming account statement and advises him not to make any additional withdrawals until compensating for the overdraft in order to avoid further fees. It provides contact information for customer service if he has any questions.

    Copyright:

    © All Rights Reserved
    Flag for inappropriate content
    82 views1 page

    Career Paths Accounting SB-27

    Uploaded by

    Yanet
    The document is a notice from a bank to Mr. Johnson informing him that he has overdrawn his bank account by $200. It explains that a check for $500 was cashed against his account balance of $300, resulting in the overdraft. The notice states there is a $35 overdraft fee on his upcoming account statement and advises him not to make any additional withdrawals until compensating for the overdraft in order to avoid further fees. It provides contact information for customer service if he has any questions.

    Copyright:

    © All Rights Reserved
    Flag for inappropriate content
    of 1

    Overdrafts

    Get Ready!
    0 Before you read the passage, talk about
    these questions.
    1 What happens if you write a check for more
    money than you have in your bank account?
    2 What are the penalties for overdrawing a bank
    account?

    Reading
    f) Read the notice from a bank. Then,
    choose the correct answers.
    1 What is the passage mainly about?
    A a missing check
    B an excessive bank fee
    C an overdrawn bank account
    D an upcoming account statement

    2 How can Mr. Johnson compensate for the


    overdraft?
    A pay the bank $235
    B pay the bank $200
    C request a transfer
    D choose a different bank
    Dear Mr. Johnson,
    3 What can be inferred about overdraft charges?
    Account No. 58756 A Some of them can be negotiated.
    We regret to inform you that you B There are new charges for every overdraft.
    have an overdraft of $200.00 on
    C They vary according to the overdraft amount.
    your account. On April 3, 2010, Total
    Value Office Supply cashed a check D Customer service representatives can
    in the amount of $500.00. Your block them.
    account balance on that date was
    $300.00. Your upcoming statement Vocabulary
    includes overdraft charges in the
    amount of $35.00. To avoid further E) Match the words (1-5) with the definitions
    charges, please do not make any (A-E).
    additional withdrawals or transfers
    1 _ overdraft 4 _upcoming
    until compensating for this overdraft. If
    you have any questions or concerns, 2 _ compensate 5 _ cash a check
    please contact us. For your convenience, 3 _transfer
    customer service representatives are
    available twenty-four hours a day by A appearing or arriving in the near future
    phone. B to receive money in exchange for a document
    C a withdrawal that exceeds an account's balance
    D to restore or replace something
    E to move something from one place to another

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