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Which of the Following Statements About Double-Entry Bookkeeping Is Correct

Question 5

Multiple Choice

Which of the following statements about double-entry bookkeeping is correct?


A) Recording a transaction on the left hand side of an account is called debiting it
B) Recording a transaction on the right hand side is debiting it
C) If an account has more debited to it than credited to it, it is said to have a credit balance
D) If an account has more credited to it than debited to it, it is said to have a debit balance

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