When Making a General Journal Entry,there Can Only Be One

question 64

True/False

When making a general journal entry,there can only be one debit and one credit.

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Definitions:

Auditor

The accountant who examines the financial records of an organization to determine whether those records are a fair representation of the actual financial health of the institution.

Vice President For Finance

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Independent Physicians

Doctors who practice medicine independently of large healthcare institutions or hospital systems, often running their private clinics.

Identification Tag

A piece of identification worn or carried by a person or placed on an item, which provides specific information about the wearer or the item.