On Friday morning, Geoff deposits into his account at Heartland Bank a $500 check from Imelda, who also has an account at Heartland. On that same day, this check is considered
A)cashiered.
B)certified.
C)paid.
D)an on-us item.

Question

Quizplus · Accepted Answer

An "on-us item" refers to a check that is deposited and drawn on the same bank, meaning both the depositor and the issuer have accounts at Heartland Bank.

On Friday Morning, Geoff Deposits into His Account at Heartland