The Double-Entry System Requires That Each Transaction Must Be Recorded

question 54

Multiple Choice

The double-entry system requires that each transaction must be recorded

• A) in at least two different accounts.
• B) in two sets of books.
• C) in a journal and in a ledger.
• D) first as a revenue and then as an expense.

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Definitions:

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The act of delivering an educational or informative speech to an audience, typically in academic settings but also used in various training contexts.

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