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August 20, 2025 | Question of the Week
Hello everyone! It's time to get your heads in the game! Do you have what it takes to face this week's challenge?
Power up your memory and comment your answer below.
Recording a deposit ______ the total amount of money you have in your Checking Account. The Deposit also _____ the total amount due to be deposited in your bank account (Undeposited Funds account).
a. Increases, Increases
b. Decreases, Decreases
c. Decreases, Increases
d. Increases, Decreases
Correct Answer: D Increases, Decreases
Ayitah Tallada | General Accounting and Asset Management
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