Home » Classroom » JSS1 Business studies Double Entry Book Keeping Question

In double entry bookkeeping what ensures the ba... - JSS1 Business studies Double Entry Book Keeping Question

In double entry bookkeeping, what ensures the balance of financial transactions?

A

Debit entries only

B

Credit entries only

C

Equal and opposite effects in at least two different accounts

D

No balance is required

correct option: c
Please share this, thanks:

Add your answer

Notice: Posting irresponsibily can get your account banned!

No responses