Answered step by step
Verified Expert Solution
Link Copied!

Question

1 Approved Answer

A debit card user must have funds available in their bank account before making any payments, if they do not, they are unable to use

A debit card user must have funds available in their bank account before making any payments, if they do not, they are unable to use their debit card. A credit card, on the other hand, can be used with or without money in the bank account because the credit cardholder is required to pay the bank the amount that he or she has taken out as credit by using the credit card later

Step by Step Solution

There are 3 Steps involved in it

Step: 1

blur-text-image

Get Instant Access to Expert-Tailored Solutions

See step-by-step solutions with expert insights and AI powered tools for academic success

Step: 2

blur-text-image

Step: 3

blur-text-image

Ace Your Homework with AI

Get the answers you need in no time with our AI-driven, step-by-step assistance

Get Started

Recommended Textbook for

Accounting Information Systems

Authors: James Hall

9th Edition

1305465113, 9781305465114

More Books

Students also viewed these Accounting questions

Question

2. Be sure to make eye contact with the students.

Answered: 1 week ago