Double-Entry Accounting Is Characterized by Which of the Following

question 127

Multiple Choice

Double-entry accounting is characterized by which of the following?

• A)Every transaction affects both an asset account and either a liability account or an owners' equity account.
• B)The number of general ledger accounts with debit balances is equal to the number with credit balances.
• C)The total dollar amount of debit entries posted to the general ledger is equal to the dollar amount of the credit entries.
• D)The number of debit entries posted to the general ledger equals the number of credit entries.

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Definitions:

Lungs

Respiratory organs responsible for exchanging oxygen and carbon dioxide between the blood and the air.

American College Of Sports Medicine

A leading organization in sports medicine and exercise science, promoting and integrating scientific research to provide educational and practical applications of exercise science and sports medicine.

Moderate Intensity

An activity level that elevates the heart rate and induces sweating, such as brisk walking or light cycling, but allows one to carry on a conversation.

Cardiorespiratory System

The combined function of the heart, blood, and lungs, working together to supply oxygen to and remove carbon dioxide from the body's tissues.