Carla was balancing the books when she realized that she entered a transaction of $102.50 in one place, but she entered the same transaction as $105.20 in another place. Carla was able to catch this error because she was using the ______ method of bookkeeping.
A) single-entry
B) spreadsheet
C) double-entry
D) journal
E) debit/credit

Question

Quizplus · Accepted Answer

The double-entry method of bookkeeping involves recording each transaction twice, once as a debit in one account and once as a credit in another, which helps in catching errors like the one Carla found.

Carla Was Balancing the Books When She Realized That She