The advantage of having bills paid automatically from a checking account is that DO bill payments remain the same every month and no monthly fees are charged. BO the account balance is not important. OO bills are paid on time and late fees are avoided when sufficient funds are in the account. O companies do not expect to be paid each month.

College Accounting (Book Only): A Career Approach
13th Edition
ISBN:9781337280570
Author:Scott, Cathy J.
Publisher:Scott, Cathy J.
Chapter7: Employee Earnings And Deductions
Section: Chapter Questions
Problem 2A: Southern Company pays its employees weekly by issuing checks on its regular bank account. The owner...
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The advantage of having bills paid automatically from a checking account is that
DO bill payments remain the same every month and no monthly fees are charged.
Othe account balance is not important.
bills are paid on time and late fees are avoided when sufficient funds are in the account.
O companies do not expect to be paid each month.
w!se
Transcribed Image Text:The advantage of having bills paid automatically from a checking account is that DO bill payments remain the same every month and no monthly fees are charged. Othe account balance is not important. bills are paid on time and late fees are avoided when sufficient funds are in the account. O companies do not expect to be paid each month. w!se
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