__________Requires That Each Transaction Affect, and Be Recorded In, at Least

question 154

Short Answer

__________requires that each transaction affect, and be recorded in, at least two accounts. It also means that total amounts debited must equal total amounts credited for each transaction.

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Definitions:

Vietnam War

A prolonged conflict (1955-1975) between Communist forces in North Vietnam and non-Communist forces in South Vietnam, with heavy involvement from the United States.

Technology

The application of scientific knowledge for practical purposes, especially in industry and in our daily lives, leading to innovations and advancements in various fields.

Ironclad Ship

A type of warship in the mid-19th century, protected by iron or steel armor plates, significantly changing naval warfare.

Telegraph

An early form of long-distance communication technology that transmitted messages in the form of electrical signals.