Author Question: Most financial accounting is based on the _____ method of bookkeeping. A) single-entry B) ... (Read 132 times)

moongchi

  • Hero Member
  • *****
  • Posts: 516
Most financial accounting is based on the _____ method of bookkeeping.
 A) single-entry
  B) double-entry
  C) debt balance
  D) credit balance

Question 2

When an entry is made on the day sheet, it is called:
 A) crediting
  B) ordering
  C) journalizing
  D) balancing



ultraflyy23

  • Sr. Member
  • ****
  • Posts: 312
Answer to Question 1

B

Answer to Question 2

C



Related Topics

Need homework help now?

Ask unlimited questions for free

Ask a Question
 

Did you know?

About 3% of all pregnant women will give birth to twins, which is an increase in rate of nearly 60% since the early 1980s.

Did you know?

The term pharmacology is derived from the Greek words pharmakon("claim, medicine, poison, or remedy") and logos ("study").

Did you know?

Approximately 15–25% of recognized pregnancies end in miscarriage. However, many miscarriages often occur before a woman even knows she is pregnant.

Did you know?

Asthma is the most common chronic childhood disease in the world. Most children who develop asthma have symptoms before they are 5 years old.

Did you know?

A good example of polar molecules can be understood when trying to make a cake. If water and oil are required, they will not mix together. If you put them into a measuring cup, the oil will rise to the top while the water remains on the bottom.

For a complete list of videos, visit our video library