An Accounting Entry That Is Characterized by Having Multiple Debits

question 56

Multiple Choice

An accounting entry that is characterized by having multiple debits and/or multiple credits is called a ________ entry.

• A) balanced
• B) posted
• C) chart of accounts
• D) compound journal

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Definitions:

Semiconductor

A material that contains four valence electrons and is used in the production of solid-state devices.

Valence Electrons

The electrons in an atom's outer shell, which determine the chemical properties of the element and its reactivity.

Producing Electricity

The process of generating electric power from other forms of energy, such as mechanical energy or chemical energy.

Current Flow

The movement of electric charge carriers, like electrons, through a conductor or circuit, typically described from positive to negative points.