A. every debtor must have a creditor
B. every account debited must be immediately credited
C. for every debit entry, there must be a corresponding credit entry
D. for every double debit, there must be a double credit
Correct Answer: Option C
C. for every debit entry, there must be a corresponding credit entry
Explanation
The double entry principle of bookkeeping states that, for every credit entry, there must be a corresponding debit entry and vice versa
300 Level Research Methods In Education Practice exam questions and detailed answers. Download the answers in…
300 Level Research Methods In Education Practice exam questions and detailed answers. Download the answers in…
300 Level Research Methods In Education Practice exam questions and detailed answers. Download the answers in…
300 Level Research Methods In Education Practice exam questions and detailed answers. Download the answers in…
300 Level Research Methods In Education Practice exam questions and detailed answers. Download the answers in…
300 Level Research Methods In Education Practice exam questions and detailed answers. Download the answers in…