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Joe Teen Has a Simple Business: He Does Odd Jobs

Question 3

Multiple Choice

Joe Teen has a simple business: he does odd jobs for his neighbors for $10 an hour. Joe hopes to become an accountant and would like to use a double-entry bookkeeping system for his business. What is the smallest number of accounts he needs to create?


A) one
B) two
C) four
D) eight

Correct Answer:

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