A transaction that has more than one debit and one credit is called a
A) chart of accounts.
B) compound entry.
C) ledger.
D) credit entry.
Correct Answer:
Verified
Q68: A transaction that involves more than one
Q91: The credit side is always the right
Q92: The first step in analyzing a transaction
Q93: A term used for obtaining the balance
Q94: The Office Supplies account is
A) a revenue,
Q97: Debits must always equal credits.
Q98: Accounts Payable had a normal starting balance
Q99: The beginning balance in Cash was $400.
Q100: The debit side of all accounts increases
Q101: Revenue has a normal credit balance, and
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