Every transaction affects at least two accounts.

a. true
b. false


Ans: a. true

Business

You might also like to view...

The costs associated with purchased goodwill are capitalized and amortized over a period not to exceed 20 years

Indicate whether the statement is true or false

Business

Explain the marketing program 3M used to reach the office worker segment with its Post-it Flag Pen.

What will be an ideal response?

Business

If fixed costs are $49,600, the unit selling price is $52, and the variable costs are $24, what is the break-even sales (dollars)?

A) $52,800 B) $92,114 C) $132,000 D) $124,000

Business

Is it better to be a strategic or a transformational leader?

What will be an ideal response?

Business