If a Client Can Be Offered Many Courses and Each

question 44

True/False

If a client can be offered many courses and each course is offered to many clients, there is a many-to-many relationship between clients and courses.

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Definitions:

Journalizing

The process of recording business transactions in the journal of accounting as part of the double-entry bookkeeping system.

Simple Entry

A journal entry that involves only two accounts.

Chart of Accounts

An organized list of all the accounts in a company’s general ledger used for recording financial transactions.

Asset Accounts

Accounts on the balance sheet representing valuable resources owned by the company expected to provide future benefits.