Is an increase in your bank statement a debit or a credit

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Reference no: EM13142444

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 in your bank statement a debit or a credit?

What method would you use to summarize transactions and transfer to the ledger?

Reference no: EM13142444

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