Recording an Account with a Debit Balance as a Credit,or

question 29

True/False

Recording an account with a debit balance as a credit,or vice versa,will cause the trial balance to be out of balance by an amount that is evenly divisible by two.

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Definitions:

Online Auction Site

A website where goods or services are sold to the highest bidder through an auction process.

Online Store

A website or application where goods and services can be bought over the Internet using a web browser or mobile app.

Social Commerce

Social commerce is a subset of e-commerce that involves social media and user contributions to assist in online buying and selling of products and services.

B2C

Business-to-Consumer, a business model where products or services are sold directly from businesses to the end-consumers.