Transactions where a buyer accepts title and billings but delays receipt of the goods is a bill-and-hold arrangement

Proxy is a document that authorizes another person to vote on behalf of a shareholder in a corporation

Indicate whether the statement is true or false.

Which of the following statements is false about a journal entry?

a. It may have more than one debit or credit entry. b. Credits are always indented. c. Accounts that are increased are always listed first. d. A space should be skipped between journal entries.