Journalizing a Transaction with Both the Debit and the Credit

question 116

True/False

Journalizing a transaction with both the debit and the credit for $69 instead of $96 will cause the trial balance to be out of balance.

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Definitions:

Abdominal Aorta Aneurism

An abnormal enlargement of the lower part of the aorta, the major blood vessel supplying blood to the body, which can rupture and cause life-threatening bleeding.

Warfarin (Coumadin)

A medication used as an anticoagulant (blood thinner) to prevent the formation of harmful blood clots.

INR

International Normalized Ratio, a blood test used to measure the time it takes for blood to clot, important for monitoring patients on anticoagulant therapy.