An Entry Made to the Right Side of an Account

question 54

Multiple Choice

An entry made to the right side of an account is called a

• A)debit.
• B)credit.
• C)double-entry system.
• D)journal entry.

---

Definitions:

Return Requirement

A specified rate of return that investors expect to receive from an investment.

Over-Valued

A term describing an asset or security whose price is considered higher than its underlying value or fundamentals justify.

Compounded Continuously

The process of calculating interest on an investment or loan in such a way that the interest itself earns interest, occurring an infinite number of times per period.

Instantaneous

Occurring or done in an instant or immediately.