The Double-Entry System of Debits and Credits Means That

Multiple Choice

The double-entry system of debits and credits means that:

A) Two pieces of information must be recorded for each transaction--the date and the dollar amount.
B) Debits will be recorded twice as often as credits.
C) At least two entries, a debit and a credit, must be made for each transaction.
D) Each debit and credit will be recorded two times, once in the general ledger and once in the trial balance.
E) None of the above