Information systems are used to support business processes

The T-account is a summary device that is shaped like a capital T with debits posted on the right side of the vertical line and credits posted on the left side of the vertical line.

a. true b. false

When the amount of an office expenditure is small and repayment should be made immediately, it may be more convenient to make the payment by check rather than cash

Indicate whether the statement is true or false.