Practice question · Match the pairs
Match each double-entry term to its meaning.
- Debit
- Credit
- T-account
- Duality principle
- An entry on the right side of the T-account
- Every transaction has two equal and opposite entries
- An entry on the left side of the T-account
- A visual ledger showing debits and credits
Hints
- The two terms are column labels, not value judgements.
- One term names the T-shaped visual tool.
Show the answer
- Debit → An entry on the left side of the T-account
- Credit → An entry on the right side of the T-account
- T-account → A visual ledger showing debits and credits
- Duality principle → Every transaction has two equal and opposite entries
Why
Left, right, the visual tool, and the rule that ties them. No moral connotation, just columns.
Practise Double-Entry Bookkeeping
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