Modems Can Dial Telephone Numbers, Originate Message Sending, and Answer

question 40

True/False

Modems can dial telephone numbers, originate message sending, and answer incoming calls and messages.

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Definitions:

Equity

The value of an owner's interest in a property or business, calculated by subtracting liabilities from assets.

Debits

Entries on the left-hand side of an account that represent the increase in assets or expenses or a decrease in liabilities, equity, or income.

Credits

Accounting entries that increase liabilities or equity accounts, or decrease asset or expense accounts, recorded on the right side of a ledger.

Accounts

Records that summarize and classify all financial transactions of a business, including assets, liabilities, equity, revenue, and expenses.