Which of the following methods records each entry? - ProProfs Discuss
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Which of the following methods records each entry?



A. Once as a debit and once as a credit in the same ledger account
B. At least once as a debit in one ledger account and at least once as a credit in a different ledger account
C. Neither of the above

This question is part of Debits and Credits Quiz
Asked by Beginbookkeep, Last updated: Dec 18, 2019

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2 Answers

John Adney

John Adney

Answered Oct 16, 2017

At least once as a debit in one ledger account and at least once as a credit in a different ledger account

 

beginbookkeep

Beginbookkeep

Answered Oct 12, 2017

At least once as a debit in one ledger account and at least once as a credit in a different ledger account
 

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