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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
wrote...

6 years ago
Good timing, thanks!
apelton
wrote...

Yesterday
Smart ... Thanks!
sadiewolf
wrote...

2 hours ago
I appreciate what you did here, answered it right Smiling Face with Open Mouth
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