Answer :
Vivian electronically transferred [tex]$398.65 from her checking account to Luther's checking account. To determine where Luther should record this amount in his check register, we need to understand what type of transaction this is from Luther's perspective.
1. Identify the Transaction Type:
- Vivian transferred the money to Luther's checking account. So for Luther, this transaction represents money coming into his account.
2. Deposit Statement:
- Since Luther received the money, it is considered a deposit or a credit to his account.
3. Check Register Columns:
- Check Number: This column is used for recording the check number when writing a check. This does not apply here since no check is involved.
- Date: This column records the date of the transaction.
- Description of Transaction: This column holds a description of what the transaction was, like 'Transfer from Vivian'.
- Payment/Debit (-): This column is for recording amounts of money being taken out of the account.
- Fee: This column is for recording any fees associated with the transaction.
- Deposit/Credit (t): This column is for recording amounts of money being added to the account.
- Balance: This column shows the balance of the account after the transaction.
4. Conclusion:
- Since the $[/tex]398.65 is being added to Luther's account, it should be recorded in the Deposit/Credit column of his check register.
Therefore,
[tex]\(\boxed{\text{C. Deposit/Credit}}\)[/tex]
Therefore,
[tex]\(\boxed{\text{C. Deposit/Credit}}\)[/tex]
