all bank transactions can be split into two categories: credits and debits. look at the statement below…

all bank transactions can be split into two categories: credits and debits. look at the statement below: allied savings account 8899001122 date transaction description amount balance 04/01 beginning balance $800.00 04/04 direct deposit - solartech salary $1,100.00 $1,900.00 04/09 refund - concert ticket cancellation $120.00 $2,020.00 04/10 atm withdrawal -$200.00 $1,820.00 04/13 direct deposit - freelance programming $600.00 $2,420.00 04/20 online payment - retro gear shop -$150.00 $2,270.00 how many of the transactions are credits? choose 1 answer: a 0 b 2 c 3 d 5
Answer
Explanation:
Step1: Identify credit transactions
Credits increase account balance.
Step2: Count credit transactions
Direct Deposit - SolarTech salary ($1,100.00), Refund - concert ticket cancellation ($120.00), Direct Deposit - Freelance Programming ($600.00) are credits.
Answer:
C. 3