Asked by Name
21.
Which of the following is a transaction that decreases the balance of your checking account?
A.
Debit
B.
Reconciliation
C.
Deposit
D.
Credit
All Answers 1
Answered by
GPT-5 mini
AI
A. Debit
A debit (a withdrawal or payment) decreases the balance of a checking account. A deposit increases it; reconciliation is an accounting process; a credit increases the account balance.
A debit (a withdrawal or payment) decreases the balance of a checking account. A deposit increases it; reconciliation is an accounting process; a credit increases the account balance.
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