Multiple Choice
Match the following definitions and terms by placing the number that identifies the best definition in the blank space next to the term.
- An increase in an asset, dividend and expense account and decrease in a liability, common stock and revenue account; recorded on the left side of a T-account
A) Credit
B) Journal
C) Account
D) Ledger
E) Source documents
F) Accounting records
G) Debit
H) T-account
I) Posting
J) Double-entry accounting
Correct Answer:
Verified
Correct Answer:
Verified
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