The bank _________ a customer's account for every deposit it receives.
A) debits
B) credits
C) debits or credits
D) does nothing
Correct Answer:
Verified
Q63: Amounts in credit memoranda
A) are deducted from
Q64: When the depositor only signs the back
Q65: A company maintains the asset account, Cash,
Q70: The use of a debit card is
Q71: Which is not a party to a
Q72: The bank statement
A) is based on the
Q73: The first number preprinted at the left
Q81: When opening a bank checking account a
Q95: All of the following are parties to
Q102: Which one of the following is not
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