In a multicolumn journal, the amounts for debit and credit:
A) must be equal.
B) need not be equal.
C) will always be different.
D) will not be the same.

Name: In a multicolumn journal, the amounts for debit and credit: A) must be equal. B) need not be equal. C) will always be different. D) will not be the same.
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Question

Quizplus · Accepted Answer

In a multi-column journal, the amounts for debit and credit must equal. This is the foundation of double entry bookkeeping.

In a Multicolumn Journal, the Amounts for Debit and Credit