In the double-entry bookkeeping system, the two entries allow for ...

[Alainaaa8]

In the double-entry bookkeeping system, the two entries allow for balance in the accounting equation:
 A) Owner's Equity = Assets + Liabilities
  B) Liability = Assets + Owner's Equity
  C) Assets = Liabilities + Owner's Equity
  D) None of the above

Question 2

The total amount of cash and checks, including credit and debit card payments, should be manually recorded on a?
 A) cash control sheet
  B) debit sheet
  C) credit sheet
  D) none of the above

[TINA]

Answer to Question 1

C

Answer to Question 2

A

[Alainaaa8]

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[TINA]

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