Which of the Following Is an Example of a Debit

question 120

Multiple Choice

Which of the following is an example of a debit memorandum?

• A) Service charge notice
• B) Interest earned on the account balance
• C) Outstanding check
• D) Company error in recording a $500 deposit as $600

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Definitions:

Clan

A group of people united by actual or perceived kinship and descent, often sharing a common ancestor.

Iroquois Terminology

Iroquois terminology consists of words, phrases, and concepts specific to the Iroquois, a group of Indigenous peoples of North America known for their political confederacy and impactful cultural practices.

Mother's Brother

in anthropology, emphasizes the role of a mother's brother (maternal uncle) in kinship systems, which can vary in importance and function across different cultures.

Mother's Sister

Often referred to as an aunt, this term emphasizes the relationship from the perspective of one's mother's sibling.