It is important to remember that the fundamental ________ of accounting is the debit and credit recording activity where debits always equal credits.
A)effect
B)end product
C)outcome
D)identity

Question

Quizplus · Accepted Answer

The fundamental identity of accounting is the debit and credit recording activity, where debits always equal credits. This principle ensures that the accounting equation remains balanced.

It Is Important to Remember That the Fundamental ________ of Accounting