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    Business
  3. Study Set
    College Accounting Study Set 2
  4. Exam
    Exam 2: Debits and Credits: Analyzing and Recording Business Transactions
  5. Question
    Double-Entry Accounting Requires Transactions to Affect Two or More Accounts
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Double-Entry Accounting Requires Transactions to Affect Two or More Accounts

Question 77

Question 77

True/False

Double-entry accounting requires transactions to affect two or more accounts, and the total of the debits to be greater than the credits.

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