Marcy bought a new pair of designer shoes and a matching purse. She paid using a method that would immediately deduct the amount she spent from her bank account. How did she pay? A Debit Card B Check C Cash D Credit Card

Marcy bought a new pair of designer shoes and a matching purse. She paid using a method that would immediately deduct the amount she spent from her bank account. How did she pay? A Debit Card B Check C Cash D Credit Card

Century 21 Accounting General Journal

11th Edition

ISBN:9781337680059

Author:Gilbertson

Publisher:Gilbertson

Chapter1: Starting A Proprietorship: Changes That Affect The Accounting Equation

Section1.1: Accounting In Action

Problem 1WT

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Motor Vehicle Insurance

Motor vehicle insurance is a contract between the insurance company that provides insurance cover and the person who owns the vehicle. According to the terms and conditions of the insurance contract, the insurance company reimburses the policyholder for losses and damages. This insurance policy covers the financial risks of the motor vehicle owner. Electronic vehicles are also covered in a vehicle insurance policy, but the insurance rate is relatively higher than other motor vehicle insurance. Motor vehicle insurance is otherwise called an automotive insurance policy.

Question

Marcy bought a new pair of designer shoes and a matching purse. She paid using a method that would immediately deduct the amount she spent from her bank account. How did she pay?

A Debit Card

B Check

C Cash

D Credit Card

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