Glencoe AccountingChapter 17:
Special Journals: Purchases and Cash PaymentsExtend: Matter of EthicsInsufficient Funds - US banks collect approximately $5.2 billion a year in bounced check charges.
- Using the Web sites below, research articles regarding money management and bounced checks. Try using search terms like "bounced checks" and "hot checks."
- Find the amounts charged by different banks to customers who write bad checks.
- Prepare a report in which you outline ways that individuals can protect themselves against writing bad checks.
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