The Standard Form of a Journal Entry Has the

question 137

Multiple Choice

The standard form of a journal entry has the

• A) debit account entered first and indented.
• B) credit account entered first and indented.
• C) debit account entered first at the extreme left margin.
• D) credit account entered first at the extreme left margin.

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Definitions:

Chobani

A US-based company known for producing yogurt and other dairy and plant-based products.

Hamdi Ulukaya

Founder of Chobani, a popular yogurt company, known for his innovative business practices and philanthropy.

Possession Utility

The value or benefit that comes from owning a product and being able to use it.

Smartphone

A mobile phone that incorporates advanced computing capability and connectivity, allowing for both traditional telecommunications and functions such as internet browsing, app usage, and multimedia entertainment.