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?

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

  • : 10/05/2017
  • : 4