Question: This question: 1 point ( s ) po: When recording transactions in two or more accounts and the totals of the debits and credits are

This question: 1 point(s) po:
When recording transactions in two or more accounts and the totals of the debits and credits are equal, it is called
A. debiting.
B. crediting.
C. double - entry bookkeeping.
D. posting.
This question: 1 point ( s ) po: When recording

Step by Step Solution

There are 3 Steps involved in it

1 Expert Approved Answer
Step: 1 Unlock blur-text-image
Question Has Been Solved by an Expert!

Get step-by-step solutions from verified subject matter experts

Step: 2 Unlock
Step: 3 Unlock

Students Have Also Explored These Related Accounting Questions!