The Left Side of an Account Is

question 26

Multiple Choice

The left side of an account is

• A) blank.
• B) a description of the account.
• C) the debit side.
• D) the balance of the account.

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Definitions:

Consumer Protection

Laws and regulations designed to ensure the rights of consumers as well as fair trade, competition and accurate information in the marketplace.

Stop-Payment Order

A request made to a bank by an account holder not to pay a check or payment that has been issued but not yet cashed or withdrawn.

Valid

Legally binding and enforceable, meeting all necessary legal formalities and requirements.

Extends

Refers to something that increases in length, duration, or scope.