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

all bank transactions can be split into two categories: credits and debits. look at the statement below:\nallied savings account 8899001122\ndate transaction description amount balance\n04/01 beginning balance $800.00\n04/04 direct deposit - solartech salary $1,100.00 $1,900.00\n04/09 refund - concert ticket cancellation $120.00 $2,020.00\n04/10 atm withdrawal -$200.00 $1,820.00\n04/13 direct deposit - freelance programming $600.00 $2,420.00\n04/20 online payment - retro gear shop -$150.00 $2,270.00\nhow many of the transactions are credits?\nchoose 1 answer:\na 0\nb 2\nc 3\nd 5
Answer
Explanation:
Step1: Understand credit transactions
Credits increase the account balance.
Step2: Identify credit - type 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