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Canceled Checks Are Checks the Bank Has Paid and Deducted

question 4

True/False

Canceled checks are checks the bank has paid and deducted from the customer's account during the period.


Definitions:

Charge

In physics, charge refers to a property of matter that causes it to experience a force when near other electrically charged matter; there are two types, positive and negative, which attract each other.

Solvent

Liquid that holds another substance in solution.

Anion

Ion carrying a negative charge.

Positively Charged

Having more protons than electrons, resulting in a net positive electric charge.

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