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5 July, 00:30

A financial transaction that is added to a ledger balance is called a credit.

a. True

b. False

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Answers (1)
  1. 5 July, 01:08
    0
    It is true that a financial transaction that is added to a ledger balance is called credit. Credit is the amount of money or a fund that is available for spending and this is reflected in the ledger balance of an account.
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