The Double-Entry System of Accounting Refers to the Placement of a Double

question 94

True/False

The double-entry system of accounting refers to the placement of a double line at the end of a column of figures.

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Definitions:

Premise

A proposition used in an argument to provide evidence for another proposition (the conclusion).

Conclusion

A final judgment or decision reached after consideration.

Evidence

Information, facts, or data presented in support of an assertion, argument, or theory.

Premises

Statements or propositions that are assumed to be true and from which a conclusion is drawn in the process of reasoning.