My statement said available $31.00 in parentheses. Does that mean the amount is positive or negative?
Untitled
If the amount is in parentheses, it's a negative amount. Other ways to display negative amounts are to place a minus sign either before or after the dollar amount, or to be really plain, and label the balance as "overdrawn."
In this case, it appears the bank has allowed you to tap funds that are not yet available. You may incur a fee when you do that, and/or the bank may refuse to pay checks drawn on unavailable funds.
BankingQuestions.com is a free service made possible by the generous support of our advertisers. Advertisers are not responsible for site content. Please help us keep BankingQuestions.com FREE by supporting our advertisers. When you see an ad for a product or service you may have an interest in, click through to learn more.
Accounts
Article
Q&A
Podcast
Video
Blog
Discussions
PDF
Powerpoint
If the amount is in parentheses, it's a negative amount. Other ways to display negative amounts are to place a minus sign either before or after the dollar amount, or to be really plain, and label the balance as "