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  3. Study Set
    College Accounting Study Set 2
  4. Exam
    Exam 2: Debits and Credits: Analyzing and Recording Business Transactions
  5. Question
    When Recording Transactions in Two or More Accounts and the Totals
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When Recording Transactions in Two or More Accounts and the Totals

Question 94

Question 94

Multiple Choice

When recording transactions in two or more accounts and the totals of the debits and credits are equal, it is called:


A) debiting.
B) crediting.
C) balancing.
D) double-entry bookkeeping.

Correct Answer:

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