Compound Entries

question 97

Multiple Choice

Compound entries

• A)Would include an entry to record the purchase of a computer for cash.
• B)Include at least two debits or two credits.
• C)Require that all credits be listed before the debits for entries affecting the statement of financial position.
• D)Should be broken into their component parts and recorded as simple entries.

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Definitions:

Branding

The process of creating a unique image, name, and identity for a product or service in the consumer's mind.

Amputation

The surgical removal of a body part, typically a limb or extremity, due to injury, disease, or surgery.

Social Control Theory

A theory of crime, proposed by Travis Hirschi, that posits that strong social bonds increase conformity and decrease deviance.

Travis Hirschi

A criminologist who developed the Social Control Theory, proposing that strong bonds to society encourage conforming behavior and reduce the likelihood of deviance.