When Recording a Transaction in a Journal,the Account Listed First

question 47

Multiple Choice

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

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

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Definitions:

Conflict Emotions

Feelings that arise during or as a result of a conflict, including anger, frustration, resentment, or fear.

Third-Party Intervention

Involvement by an external party in a dispute or negotiation to help all sides reach a resolution.

Mediation

A conflict resolution method where a neutral third party helps disputants come to a consensus on their own.

Arbitration

A form of dispute resolution where a neutral third party makes a binding decision to resolve a conflict between parties.