Beth is a bookkeeper at a local firm. In order to record transactions​ accurately, she makes one entry in the debit column and one entry in the credit column for each transaction. She believes this method is best for minimizing errors. Which method of recording financial transactions does Beth​ utilize?

Beth is a bookkeeper at a local firm. In order to record transactions​ accurately, she makes one entry in the debit column and one entry in the credit column for each transaction. She believes this method is best for minimizing errors. Which method of recording financial transactions does Beth​ utilize?

Beth is a bookkeeper at a local firm. In order to record transactions​ accurately, she makes one entry in the debit column and one entry in the credit column for each transaction. She believes this method is best for minimizing errors. Which method of recording financial transactions does Beth​ utilize?



A. Double-entry bookkeeping

B. Accrual basis

C. Matching principle

D. The accounting equation

E. Cash basis



Answer: A. Double-entry bookkeeping


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