1. The problem is to identify which term tracks the daily transactions in a credit account. 2. Let's analyze each option: - a. Billing: This refers to the process of generating a statement or invoice, not tracking daily transactions. - b. Current balance: This is the amount owed at a specific point in time, not a record of daily transactions. - c. Average daily balance: This is a calculated average of the balance over a period, not a direct tracking of daily transactions. - d. Credit balance: This indicates the amount of credit available or owed, not the daily transaction record. 3. The term that specifically tracks daily transactions is the "Billing" system or statement, but since the question is about tracking daily transactions, the best fit is the "Current balance" which updates daily based on transactions. 4. However, the most precise term for tracking daily transactions is the "Billing" process or statement that records all transactions. Final answer: a. Billing