When Recording a Transaction in a Journal, the Account Listed

question 24

Multiple Choice

When recording a transaction in a journal, the account listed first is generally the

• A) debit.
• B) credit.
• C) increase.
• D) decrease.

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Definitions:

Bimodal

Describes a distribution or dataset having two distinct modes or peaks.

Standard Deviation

A measure of the amount of variation or dispersion of a set of values, indicating how much the values of a dataset differ from the mean of the dataset.

IQR

The interquartile range, a measure of statistical dispersion representing the difference between the 25th and 75th percentiles.

Skewed

A description of data that is not symmetrically distributed, often leaning towards one direction.