ACC 280 Week 1 DQ 3
What do you think of when you hear the word debit? What do you think of when you hear the word credit? Why does your bank statement show a credit for an increase in your cash balance? Is an increase to your bank statement a debit or a credit? What method would you use to summarize transactions and transfer to the ledger?
Course: ACC 280 Principles of Accounting
School: University of Phoenix