Help! Which of the following transactions will REDUCE your checking account balance immediately? *
4 points
Writing your monthly rent check which you will mail tomorrow
Using your debit card to pay for groceries at the supermarket
Using your credit card to pay for your school books
Depositing a check at a local bank branch

Using your debit card to pay for groceries at the supermarket

Explanation:

A debit card allows the user to make payments using the funds available in their bank account. The debit card draws money directly from the customer's checking account. If the customer does not have sufficient funds, the transaction will not go through.

The debit card facilitates access to the customer's checking account remotely. Because a debit card draws money directly from the customer's account, any payments made immediately reduce the account balance.

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