M: Business 3rd Edition by O. C. Ferrell, Geoffrey Hirt, Linda Ferrell

Exercise 34

Double-entry bookkeeping is a system of recording and classifying business transactions

A. in separate accounts in order to maintain the accounting equation.

B. by the amount of the transaction.

C. in all accounts including those that do not maintain the accounting equation.

D. in general ledgers.

E. none of the above.