Double-entry bookkeeping requires that the debit and credit ...

[WhattoUnderstand]

Double-entry bookkeeping requires that the debit and credit entries for any transaction must balance.
 a. True
  b. False
  Indicate whether the statement is true or false

Question 2

A trade deficit experienced by a country during a year generally signals the poor health of the economy.
 a. True
  b. False
  Indicate whether the statement is true or false

[jackie]

Answer to Question 1

True

Answer to Question 2

False

[WhattoUnderstand]

Great answer, keep it coming

[kswal303]

Thanks for the timely response, appreciate it