Multiple Choice
The correct term for the process of recording the economic effects of business transactions in a book of original entry is
A) Double-entry system
B) Debit
C) Credit
D) None of these choices.
Correct Answer:
Verified
Correct Answer:
Verified
Related Questions
Q55: Which one of the following best defines
Q126: A(n)_ is a chronological record of all
Q138: Credit entries are used to<br>A)increase asset accounts.<br>B)increase
Q172: A trial balance can be as informal
Q189: The correct term for the process of
Q192: Use the following five transactions for
Q195: _ are a distribution of net income
Q196: Several accounts from the financial statements
Q197: Unfortunately, the bookkeeper notices that two transactions
Q198: The purchase of office equipment at a