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true or false While recording transactions the accountant must ensure that for every debit, there must be an equal corresponding credit, and for every credit,

true or false

While recording transactions the accountant must ensure that for every debit, there must be an equal corresponding credit, and for every credit, there must be an equal corresponding debit.

2-Accounting is a system that processes business activities and measures information into reports.

3- Financial Accounting aids the management in directing and controlling the activities of the firm.

4- If James Service Station sold $10,000 in fuel to a customer, the accountant should debit the sales account

5-

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