A. credit real accounts
B. debit real accounts
C. credit the ledger
D. debit the ledger
Correct Answer:
Option C – credit the ledger
Explanation
For every debit entry, there must be a corresponding credit entry. Hence we credit the ledger
A. credit real accounts
B. debit real accounts
C. credit the ledger
D. debit the ledger
Correct Answer:
Option C – credit the ledger
Explanation
For every debit entry, there must be a corresponding credit entry. Hence we credit the ledger
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