Question: A key rule to keep in mind when making journal entries is that O only one debit and one credit is allowed for each transaction

A key rule to keep in mind when making journal entries is that O only one debit and one credit is allowed for each transaction O credits are allows shown on the first line of a journal entry O total debits and total credits do not have to the equal for a transaction if cash is involved O total debits must equal total credits for each transaction
A key rule to keep in mind when making journal entries is

A key rule to keep in mind when making journal entries is that Oonly one debit and one credit is allowed for each transaction O credits are allows shown on the first line of a journal entry Ototal debits and total credits do not have to the equal for a transaction if cash is involved Ototal debits must equal total credits for each transaction

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