jahnaywalker172 jahnaywalker172
  • 14-04-2022
  • Business
contestada

In double-entry accounting, each transaction affects at least two accounts.
True or false

Respuesta :

bonnieaiken
bonnieaiken bonnieaiken
  • 14-04-2022

Answer:

True! A double-entry accounting is a standard accounting method that involves recording each transaction in at least two accounts, resulting in a debit to one or more accounts and a credit to one or more accounts. The total amount of the transactions in each case must balance out, ensuring that all dollars are accounted for.

Explanation:

Hope this helps you!!!

Answer Link

Otras preguntas

What type of border would likely have the most protection? a. State b. Province c. National d. City
As economies grow, they demand more___ 1. financial assistance. 2. raw materials. 3. available labor. 4. defense services.
What factor is paired with 5 to give 45
find the sum of 8x + 10 - 6x + 4 = 24
when I triple my number and add five I get 11 what is my number
Explain why 5(10)/5(2) equals 5(8)
How did the Arabian Peninsula’s location affect ability to trade? a. Trade was quite widespread because agriculture was so expansive. b. The location was so iso
The sample space is orange, purple, and white. If P(Orange )=2/5 and P(purple) = 3/10 what is P=(white)
How many times as much as 0.2 is 0.02?
how could you separate a mixture of rocks and sand?