For Each Blank in the Following Sentences, Select the Present

question 94

Multiple Choice

For each blank in the following sentences, select the present tense helping verb can or the past tense could. To determine whether a sentence is in the present or past tense, look at other verbs in the sentence or look for a time word.
-The almanac says that you ___________ plant your bulbs today.

• A) can
• B) could

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Definitions:

Double-Entry Accounting

A bookkeeping system that records each transaction in two accounts, ensuring that the accounting equation (Assets = Liabilities + Equity) remains balanced.

Transaction Recorded Twice

This refers to a bookkeeping error where a financial transaction is mistakenly entered into an accounting system more than once, potentially distorting financial statements.

Liabilities

Debts or financial responsibilities that a company has towards others, requiring settlement via the transfer of economic resources over a period.

Debits

Entries in accounting that represent an increase in assets or expenses, or a decrease in liabilities, equity, or income.