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    Business
  3. Study Set
    College Accounting
  4. Exam
    Exam 3: Beginning the Accounting Cycle: Journalizing, Posting, and the Trial Balance
  5. Question
    Journalizing a Transaction with Both the Debit and the Credit
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Journalizing a Transaction with Both the Debit and the Credit

Question 111

Question 111

True/False

Journalizing a transaction with both the debit and the credit for $75 instead of $57 will cause the trial balance to be out of balance.

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