In Accounting, Every Transaction Must Be Recorded as Two Entries

question 104

Multiple Choice

In accounting, every transaction must be recorded as two entries. This system is known as which of the following?

• A) dual-notation bookkeeping
• B) double-entry bookkeeping
• C) double-decker bookkeeping
• D) accounting-cycle bookkeeping

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Definitions:

Anti-Smoking Campaign

Public health initiatives aimed at reducing smoking through education, awareness, and policies.

Quit

To leave or stop doing something, often referring to a job, habit, or activity.

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A feeling of discomfort that arises when witnessing others engage in behaviors that conflict with one's own beliefs or attitudes.

Inoculation

The process of introducing a vaccine into the body to induce immunity against a specific disease.