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    Business
  3. Study Set
    Fundamental Accounting Principles
  4. Exam
    Exam 2: Analyzing and Recording Transactions
  5. Question
    Double-Entry Accounting Means That Every Transaction Affects and Is Recorded
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Double-Entry Accounting Means That Every Transaction Affects and Is Recorded

Question 7

Question 7

True/False

Double-entry accounting means that every transaction affects and is recorded in at least two accounts.

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