This topic contains a solution. Click here to go to the answer

Author Question: A debit is an amount that is added to an account and a credit is an amount that is subtracted from ... (Read 88 times)

jasdeep_brar

  • Hero Member
  • *****
  • Posts: 569
A debit is an amount that is added to an account and a credit is an amount that is subtracted from an account.
  Indicate whether the statement is true or false

Question 2

A canceled check is one that has had a stop payment put on it so that the bank will not honor it.
  Indicate whether the statement is true or false



Related Topics

Need homework help now?

Ask unlimited questions for free

Ask a Question
Marked as best answer by a Subject Expert

ashely1112

  • Sr. Member
  • ****
  • Posts: 347
Answer to Question 1

FALSE

Answer to Question 2

FALSE




jasdeep_brar

  • Member
  • Posts: 569
Reply 2 on: Jun 24, 2018
:D TYSM


6ana001

  • Member
  • Posts: 311
Reply 3 on: Yesterday
Excellent

 

Did you know?

Hip fractures are the most serious consequences of osteoporosis. The incidence of hip fractures increases with each decade among patients in their 60s to patients in their 90s for both women and men of all populations. Men and women older than 80 years of age show the highest incidence of hip fractures.

Did you know?

During pregnancy, a woman is more likely to experience bleeding gums and nosebleeds caused by hormonal changes that increase blood flow to the mouth and nose.

Did you know?

Cytomegalovirus affects nearly the same amount of newborns every year as Down syndrome.

Did you know?

Hippocrates noted that blood separates into four differently colored liquids when removed from the body and examined: a pure red liquid mixed with white liquid material with a yellow-colored froth at the top and a black substance that settles underneath; he named these the four humors (for blood, phlegm, yellow bile, and black bile).

Did you know?

In the United States, congenital cytomegalovirus causes one child to become disabled almost every hour. CMV is the leading preventable viral cause of development disability in newborns. These disabilities include hearing or vision loss, and cerebral palsy.

For a complete list of videos, visit our video library