Journal Entries Can Have More Than Two Accounts as Long

question 108

True/False

Journal entries can have more than two accounts as long as the total debits equal the total credits.

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Definitions:

House Fire

A destructive event involving the combustion of a dwelling, often resulting in damage and danger to occupants.

Reliable Evidence

Information or data that is dependable and can be trusted to be accurate for use in making decisions or drawing conclusions.

Furniture

Movable objects intended to support various human activities such as seating, eating, and sleeping, as well as to hold objects at a convenient height for work.

Arson Evidence

Physical proof or indicators found at the scene of a fire that can suggest the fire was started intentionally.