The recording of transactions in the ledger always involves:
A) same number of debit and credit entries.
B) same dollar amounts of debits and credits.
C) the original recording of the transaction.
D) plenty of work for accountants.

Question

Quizplus · Accepted Answer

The ledger requires that the total dollar amount of debits equals the total dollar amount of credits for each transaction to maintain the accounting equation balance.

The Recording of Transactions in the Ledger Always Involves