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AllenZ AllenZ
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Posts: 663
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6 years ago
Suppose the total of all debits is less than the total of all credits in a double-entry bookkeeping journal. What must be the explanation for this?
A) An error has occurred.
B) Single-entry transactions have been recorded.
C) GAAP standards were not followed.
D) There has been a loss for the day.
E) There has been a profit for the day.
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podrapodra
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#1
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6 years ago
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AllenZ Author
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6 years ago
Brilliant ツ
sadiewolf
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Yesterday
Just got PERFECT on my quiz
logbi
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2 hours ago
Thanks
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