When Recording Transactions in Two or More Accounts and the Totals

question 94

Multiple Choice

When recording transactions in two or more accounts and the totals of the debits and credits are equal, it is called:

• A) debiting.
• B) crediting.
• C) balancing.
• D) double-entry bookkeeping.

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Definitions:

Masculine

Refers to qualities or attributes regarded traditionally as characteristic of men, such as strength or assertiveness.

Feminine

A set of attributes, behaviors, and roles generally associated with girls and women by society.

Individualist Cultures

Societies that emphasize personal goals and achievements, encouraging individuals to stand out and be independent from the collective group.

Collectivist Cultures

Collectivist cultures emphasize the needs and goals of the group as a whole over the needs and desires of each individual.