Multiple Choice
When journalizing and posting transactions in the books:
A) the rules of debit and credit are followed to increase or decrease each account.
B) the credit side of the transaction is entered on the left margin.
C) it is not necessary to use both the journal and the ledger.
D) debits in the journal can be posted as credits in the ledger.
Correct Answer:
Verified
Correct Answer:
Verified
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