Account Transaction Record Booklet

C

The term "CTFA" does not appear to be related to the question or topic provided. However, based on the context of the question, the answer that best fits is C. Checkbook ledger.

A checkbook ledger is a booklet provided with a supply of checks that is used to maintain accurate records of all checking account transactions. It is also referred to as a check register, and it is an important tool for keeping track of one's finances.

The checkbook ledger typically includes spaces to record the date of the transaction, the check number, a description of the transaction, the amount of the transaction, and the current balance in the account. This allows the account holder to monitor their account activity, ensure that they have enough funds to cover their transactions, and identify any errors or discrepancies.

Overdrafts, on the other hand, occur when an account holder spends more money than they have available in their account, resulting in a negative balance. Overdraft protection is a service provided by some banks that automatically transfers funds from a linked account to cover the negative balance and avoid overdraft fees. Undercrofts, on the other hand, are not a commonly used term in finance or banking.