Multiple choice

While recording a transaction, the total amount debited must be ____________ total amount credited.

  1. more than

  2. less than

  3. equal to

  4. any
Reveal answer Fill a bubble to check yourself
C Correct answer
Explanation

In double-entry bookkeeping, every transaction must balance. The total debits must always equal total credits to maintain the fundamental accounting equation: Assets = Liabilities + Equity. If debits and credits don't match, the entry is incorrect.

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