Multiple Choice
With respect to the balancing of an account, which one of these statements is FALSE?
A) If the total on the credit side was the larger, the balance is a credit.
B) Dollar signs are always used to designate a balance amount.
C) Footings of each side of the account are needed to determine the balance.
D) If the total on the debit side was the larger, the balance is a debit.
Correct Answer:
Verified
Correct Answer:
Verified
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