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:

Source Folder

The directory that contains one or more source files or documents pertaining to a specific project or task.

Hard Copy

A physical version of a document or information, as opposed to a digital copy, such as a paper printout.

Physical Medium

A material substance, like fiber optic cable or copper wire, that is used to transmit data in the form of electronic signals.

Reading Copy

A version of a document or book meant for review, not for final publication or sale.