A bank reconciliation statement is

A deposit made by business appears on the bank statement as _______ balance.

Whenever money is deposited by the business, the credit entry in its records corresponds to a debit entry in the bank's records.

If the bank charges the business fees, the bank makes a credit entry in the bank statement.

What occurs when a customer has withdrawn more funds than were actually in their bank account resulting in the customer owing money to the bank?