Question

question 8 of 10
why do current and available balances sometimes show different amounts of money in the same account?

• current balances subtract pending transactions from the available balance.
• available balances subtract pending transactions from the current balance.
• available balances include earned interest.
• current balances include earned interest.

Explanation:

The current balance is the total amount in the account without accounting for pending transactions (like holds, unprocessed checks, or pending purchases). The available balance is what you can actually use, so it is calculated by subtracting pending transactions from the current balance. Earned interest is typically included in both balances once processed, so it does not cause a difference between the two.

Answer:

Available balances subtract pending transactions from the current balance.