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.