The Double-Entry System Requires How Many of the Following to Be

question 29

Multiple Choice

The double-entry system requires how many of the following to be true?
i. At least one account should be debited and one account credited
ii. Credits should always be entered into the journal before debits
iii. The accounting equation should stay in balance

• A) 0
• B) 1
• C) 2
• D) 3

---

Definitions:

Inconvenience

A mild annoyance or discomfort that causes a temporary interruption or difficulty in a person's routine or plans.

Consequences

The outcomes or effects that result from a particular action or set of conditions, often in terms of cause and effect.

Professional Tone

The formal or semi-formal manner of communication that is used in the workplace or when conducting business, which conveys respect and seriousness.

Neutral Buffer

An introductory statement in communication that is non-committal and designed to lessen a negative reaction to the information that follows.