A Journal Entry Is an Expression of the Effects of a Transaction

question 36

True/False

A journal entry is an expression of the effects of a transaction on accounts which has equal debits and credits.

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Definitions:

Brushless DC

A type of direct current electric motor (DC motor) that uses an electronic controller to switch the current in the motor, eliminating the need for brushes.

Wound Armature

A component in electrical machines consisting of coils wound around an iron core, which rotates in a magnetic field to induce electromotive force.

Brushes

Sliding contacts, generally made of carbon, used to provide connection to rotating parts of machines.

Field Winding

The winding of a coil around an electromagnet's core, which creates a magnetic field when an electric current passes through it.