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Which feed was John charged on his checking account during this statement period?

The overdraft fee is the fee that John was charged on his checking account.

Is an outstanding check refers to one written on an account with a very low balance?

To understand your bank statement, review key sections: Bank Information (banks name, address, contact info), Account Information (your name, address, account number), Statement Period (start and end dates of transactions), Opening/Closing Balance (account activity summary), Deposits (money added to your account),

What is a bank statement for a checking account?

A bank statement summarizes all the accounts monthly transactions and is typically sent by the bank to the account holder every month in paper or digital form. Bank statements contain checking and savings account information, such as account numbers and a detailed list of deposits and withdrawals.

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