Which situation involves a negative balance that is resolved on the same day?

The situation involving a negative balance that is resolved on the same day is most accurately described as a daylight overdraft. A daylight overdraft occurs when an account experiences a negative balance during the day due to transactions that temporarily exceed the available funds. Typically, this negative balance is resolved by the end of the banking day when subsequent deposits or settlements occur, effectively clearing the overdraft before the end of business hours.

Understanding this concept is crucial in transaction processing and cash management, as it helps in managing liquidity and ensuring that accounts do not carry negative balances into the next day, which could lead to further complications or additional fees. Daylight overdrafts are particularly relevant in the context of reserve requirements and interbank transactions, where banks can temporarily exceed their balances with the expectation of quick restoration to positive territory on the same day.