Every Journal Entry

question 38

Multiple Choice

Every journal entry:

• A)must increase at least one account and decrease at least one account.
• B)must debit at least one account and credit at least one account.
• C)is recorded in either the journal or the ledger.
• D)affects both an income statement account and a balance sheet account.

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Definitions:

Automatic Attitudes

Quick, reflexive responses that reflect immediate evaluative judgments, not requiring conscious effort or awareness.

Deliberate Attitudes

Perspectives or opinions that are consciously formed, reflecting explicit beliefs and values.

Attitudes

Behavioral inclinations demonstrated through assessing a specific entity with a level of preference or aversion.

Adapt

To adjust or change one's behavior or thinking to suit a new situation or environment.