An Entry Made to the Right Side of an Account

question 126

Multiple Choice

An entry made to the right side of an account is called a:

• A) Debit.
• B) Credit.
• C) Double-entry system.
• D) Journal entry.

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Definitions:

Unstructured

Refers to data or information that doesn't have a pre-defined model or organization, making it difficult to process and analyze without specialized tools.

Unicorn

In a business context, a unicorn refers to a privately held startup company valued at over $1 billion.

Business Models

Structural frameworks used by organizations to operate, generate revenue, and deliver value to customers.

Information System

Organized method for collecting, storing, and communicating past, present, and projected information on internal operations and external intelligence.