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Module 2 mastery exercise

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Engineering

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Chemistry

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Questions and Answers

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33

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ATIPROS

Question 1 1 / 1 pts A journal entry that has only one debit and one credit is referred to as a(n) ________. Complex journal entry Compound journal entry Immaterial journal entry Simple journal entry Correct. All entries must at least have one debit and one credit to balance the dollar amounts of debits and credits. Question 2 0 / 1 pts A(n) ________ includes the net income and dividends accounts. income statement cash flow statement balance sheet
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