Multiple Choice
A simple account form widely used in accounting to illustrate how debits and credits work is called a:
A) Dividend account
B) Common stock account
C) Drawing account
D) T-account
E) Balance column sheet
Correct Answer:
Verified
Correct Answer:
Verified
Related Questions
Q107: The debt ratio is calculated by dividing
Q116: An account balance is the difference between
Q217: Which of the following is the appropriate
Q219: It is not necessary to keep separate
Q220: A trial balance prepared at year-end showed
Q223: Double-entry accounting is an accounting system:<br>A)That records
Q224: Laurie Dexter starts a business called Camden
Q225: Dividends are a type of business expense.
Q227: These transactions were completed by the art
Q241: Explain the recording and posting processes.