John has two ATM transactions but only one of them has a fee (Interac). Why? Interac is an out-of-network ATM and First Bank charges customers if they use out-of-network ATMs. First Bank charges customers for using their ATMs. O Banks charge fees if you take out less than $100 at an ATM machine. O The first ATM transaction is free but all additional ATM transactions have a fee.

Haresh

1. Rank each feature from most important to least important. (1 to 8) 1 being most important. RANK THESE ACCOUNT FEATURES: It’s Quick and Easy Convenient Access To Your Cash Help Tracking Your Finances Pay Day Is Right On Time Online and mobile banking make your life easier Your money is safe Save on other financial needs Help and support when you need it.

Consider these transactions: (List all debit entries before credit entries. Credit account titles are automatically indented when amount is entered. Do not indent manually. If no entry is required, select "No Entry" for the account titles and enter O for the amounts.) (a) (b) Carla Vista Restaurant accepted a Visa card in payment of a $250 lunch bill. The bank charges a 2% fee. What entry should Carla Vista make? Tamarisk Company sold its accounts receivable of $67,100. What entry should Tamarisk make, given a service charge of 2% on the amount of receivables sold? No. Account Titles and Explanation (a) (b) Debit Credit