In Recording an Accounting Transaction in a Double-Entry System

question 42

Multiple Choice

In recording an accounting transaction in a double-entry system,

• A)the number of accounts to be debited must equal the number of accounts to be credited.
• B)there must always be entries made on both sides of the accounting equation.
• C)the amount of the debits must equal the amount of the credits.
• D)there must only be two accounts affected by any transaction.

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Definitions:

Attachment Style

Patterns of expectations, needs, and emotions one exhibits in interpersonal relationships, influenced by early interactions with caregivers.

Conscience Development

Refers to the process by which individuals develop the ability to distinguish right from wrong and to develop ethical values and empathy.

Social-Cognitive Learning

A theory that emphasizes the importance of observational learning, imitation, and modeling in acquiring new behaviors, attitudes, and skills.

Gender Development

The process by which individuals develop their gender identity and the roles associated with their biological sex, influenced by social, cultural, and psychological factors.