Double-Entry Accounting Requires Transactions to Affect Two or More Accounts

question 77

True/False

Double-entry accounting requires transactions to affect two or more accounts, and the total of the debits to be greater than the credits.

---

Definitions:

Diplococci

Bacteria that form in pairs and are known for causing diseases such as pneumonia and gonorrhea.

Pairs

Sets of two things that are used together or are associated with each other.

Gram Stain

A method of staining that differentiates bacteria according to the chemical composition of their cell walls.

Cell Walls

Rigid or semi-rigid structures surrounding the cell membrane of plants, fungi, and bacteria, providing shape, protection, and support.