Question

At its core, what is the essence of the accounting debit and credit system?

Select an answer:

1It provides the only way to keep track of business transactions.


2It eliminates confusion as to what is a debit and what is a credit.


3It eliminates having to identify the specific accounts to which the transactions belong.


4It provides a self-checking system to ensure that transactions are properly recorded.

Answer 1

Answer:

I don't know sorrryyyyy

Answer 2

Answer:1

Explanation: