Logo
Home Study Material Contact Search
AI Chat FREE
  1. business
  2. accounting
  3. the bank will show a customer's deposit on bank st

The bank will show a customer's deposit on bank statements as a Blank______. ...

90.2K

Verified Solution

Question

Accounting

The bank will show a customer's deposit on bank statements as a Blank______.
Multiple choice question.
debit, because cash is an asset
debit, because a deposit is a liability from the bank's point of view
credit, because cash is an asset
credit, because a deposit is a liability from the bank's point of view

Answer & Explanation Solved by verified expert
Get Answers to Unlimited Questions

Join us to gain access to millions of questions and expert answers. Enjoy exclusive benefits tailored just for you!

Membership Benefits:
  • Unlimited Question Access with detailed Answers
  • Zin AI - 3 Million Words
  • 10 Dall-E 3 Images
  • 20 Plot Generations
  • Conversation with Dialogue Memory
  • No Ads, Ever!
  • Access to Our Best AI Platform: Flex AI - Your personal assistant for all your inquiries!
Become a Member

Other questions asked by students

Q

The U.S. Bureau of Economic Statistics reports that the average annual salary in the metropolitan Boston...

Basic Math
Q

Observe the paths of all the tendons along the sole of the foot. Which foot arch...

Medical Sciences
Q

You have discovered a new species of sea squirt and you have named it Seasquirtus laker...

Medical Sciences
Q

Recording Notes Receivable: Issuance, Payment, and Default Marydale Products permits its customers to defer payment by...

Accounting
Q

9 Graph f x log x 3 below First loca 8 6

Calculus
Q

D and E are sets of real numbers defined as follows D x x 1...

Algebra
Q

Evaluate x-y for the given replacement values.x=6 and y=-37

Algebra
Q

K Expand 3x 4y What is the expansion Simplify your answer

Algebra
Q

Preparing and Analyzing Closing Entries At December 31, the ledger of Aulani Company includes the...

Accounting
Q

You've observed the following returns on Crash-n-Burn Computer's stock over the past five years: 6...

Accounting
Q

Cost of Goods Manufactured Pietro Frozen Foods, Inc., produces frozen pizzas. For next year, Pietro...

Accounting
Q

QUESTION 4 Consider a 5-year bond with a par value of $1,000 and an 9%...

Finance