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7 May, 13:08

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

a. True

b. False

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  1. 7 May, 13:10
    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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