To identify which items on the ledger represent credits, we can review each transaction listed:
1. Gift: [tex]$45.00 (positive amount, represents credit)
2. Credit bill: -$[/tex]33.69 (negative amount, does not represent credit)
3. Online auction: [tex]$16.75 (positive amount, represents credit)
4. Insurance payment: -$[/tex]66.41 (negative amount, does not represent credit)
5. Craft fair: -[tex]$24.25 (negative amount, does not represent credit)
From this review, we find that the transactions representing credits (positive amounts) are:
1. Gift: $[/tex]45.00
2. Online auction: $16.75
Now, let's match these items with the given choices:
a. Credit bill and craft fair: Both have negative amounts and do not represent credits.
b. Gift and online auction: Both have positive amounts and do represent credits.
c. Gift and insurance payment: Only Gift has a positive amount; insurance payment has a negative amount and does not represent credit.
d. Online auction and craft fair: Online auction has a positive amount, but craft fair has a negative amount and does not represent credit.
Therefore, the choice that includes both items representing credits is:
b. Gift and online auction
The best answer is:
2
