The Left-Hand Side of an Account Is Used for Recording

question 117

True/False

The left-hand side of an account is used for recording debits and the right-hand side for recording credits.

---

Definitions:

Terminated

Brought to an end or concluded, often referring to the cessation of employment or the conclusion of an agreement.

Advertising Manager

A professional specialized in planning and executing advertising strategies to promote products, services, or brands, often overseeing campaigns and media placements.

Buffer

A temporary storage area that holds data while it is being transferred from one place to another, enhancing the performance or handling of the data.

Neutral Statement

A comment or assertion that is impartial, showing no bias towards either side of an argument.