Double-Entry Recording in Accounting Means That the Amounts of Each

question 21

Multiple Choice

Double-entry recording in accounting means that the amounts of each transaction are recorded:

• A) once.
• B) twice.
• C) three times.
• D) four times.

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Definitions:

Germany

A country in Central Europe known for its rich history, technological innovations, and economic power.

Cameras

Devices used to capture images, either as photographs on film or as digital images through electronic sensors.

Absolute Advantage

The capability of a country, firm, or individual to produce a good or service at a lower cost per unit than competitors.

Germany

A country in Central Europe known for its rich history, diverse culture, and significant contributions to art, science, and economy.