« previous next »

Author Question: In the double-entry bookkeeping system, the two entries allow for balance in the accounting ... (Read 107 times)

Alainaaa8

  • Hero Member
  • *****
  • Posts: 576
on: Jun 25, 2018
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

  • Sr. Member
  • ****
  • Posts: 336
Reply #1 on: Jun 25, 2018
Answer to Question 1

C

Answer to Question 2

A


Related Topics

Need homework help now?

Ask unlimited questions for free

Ask a Question

Alainaaa8

  • Hero Member
  • *****
  • Posts: 576
Reply #2 on: Jun 25, 2018
Thank you :)


TINA

  • Sr. Member
  • ****
  • Posts: 336
Reply #3 on: Jun 25, 2018
Happy to help you


« previous next »
 

Did you know?

Lower drug doses for elderly patients should be used first, with titrations of the dose as tolerated to prevent unwanted drug-related pharmacodynamic effects.

Did you know?

The most destructive flu epidemic of all times in recorded history occurred in 1918, with approximately 20 million deaths worldwide.

Did you know?

Oliver Wendell Holmes is credited with introducing the words "anesthesia" and "anesthetic" into the English language in 1846.

Did you know?

Drug abusers experience the following scenario: The pleasure given by their drug (or drugs) of choice is so strong that it is difficult to eradicate even after years of staying away from the substances involved. Certain triggers may cause a drug abuser to relapse. Research shows that long-term drug abuse results in significant changes in brain function that persist long after an individual stops using drugs. It is most important to realize that the same is true of not just illegal substances but alcohol and tobacco as well.

Did you know?

Though newer “smart” infusion pumps are increasingly becoming more sophisticated, they cannot prevent all programming and administration errors. Health care professionals that use smart infusion pumps must still practice the rights of medication administration and have other professionals double-check all high-risk infusions.

Human Cardiovascular System Human Cardiovascular System
Gastrointestinal system Gastrointestinal system
Pathology of the Digestive System Pathology of the Digestive System
How to solve a linear system when the variable is in the denominator position (Question 1 of 2) How to solve a linear system when the variable is in the denominator position (Question 1 of 2)
The respiratory system. The respiratory system.
vomerolfactory system vomerolfactory system
Video: Bone Growth and Remodeling

For a complete list of videos, visit our video library