QUESTION IMAGE
Question
question 6 of 10
dora electronically transferred $591.68 from her checking account to matts checking account. in what column of the check register below should dora record the amount of the transfer?
a. check number
b. fee
c. deposit/credit
d. payment/debit
Transferring money out of Dora's checking account reduces her balance, which is recorded as a payment/debit (a negative transaction) in a check register. The other columns do not apply: Check Number is for check identifiers, Fee is for bank charges, and Deposit/Credit is for money added to the account.
Snap & solve any problem in the app
Get step-by-step solutions on Sovi AI
Photo-based solutions with guided steps
Explore more problems and detailed explanations
D. Payment/Debit