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:

Type A Personality

A temperament characterized by high levels of competitiveness, self-imposed stress, and a constant sense of urgency.

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