The following items may appear on a bank statement: a. NSF check
b. EFT deposit
c. Service charge
d. Bank correction of an error from recording a $300 check as $30

Required:
Indicate whether the item would appear as debit or credit memo on the bank statement and whether the item would increase or decrease the balance of your account.

a. NSF check  ⇒ non-sufficient funds check: it is a debit memo that decreases the account balance. One or more of the checks from third parties that you deposited didn't have enough funds to be cashed.

b. EFT deposit  ⇒ electronic funds transfer: credit memo that increases the account balance. Someone deposited money to your account through an electronic transfer, e.g. online transfer.

c. Service charge  ⇒ debit memo that decreases the account balance. This is a fee charged to you by the bank for the banking services provided.

d. Bank correction of an error from recording a $300 check as $30 ⇒ debit memo that decreases account balance. A check that you wrote was erroneously recorded as $30 when its value was $300.

i believe that it is a 45% chance.

the correct answer is economics is a game without winners or losers.

unlike sports or games economic is a game without losers or winner rather it is a game where everyone wins. parties of business doing businesses exchange money with each other and hence exchange is done on the basis of goods. one party takes the goods and other sales it so there is winner on both sides. each party values more highly the good it gets than the good it gives up. both sides exchange only because both intend to increase their value. so there is no concept of lose or win.