
Accounting Information Systems 9th Edition by James Hall
Edition 9ISBN: 978-1133934400
Accounting Information Systems 9th Edition by James Hall
Edition 9ISBN: 978-1133934400 Exercise 17
The concept of duality means that an REA diagram must consist of
A) two events-one of them economic and the other, support.
B) two agents-one of them internal and the other, external.
C) two resources-one increased and the other decreased by the same event.
D) all of the above.
E) none of the above.
A) two events-one of them economic and the other, support.
B) two agents-one of them internal and the other, external.
C) two resources-one increased and the other decreased by the same event.
D) all of the above.
E) none of the above.
Explanation
Duality means an economic transaction th...
Accounting Information Systems 9th Edition by James Hall
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