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  2. Topic
    Business
  3. Study Set
    College Accounting
  4. Exam
    Exam 3: Analyzing Business Transactions Using T Accounts
  5. Question
    An Accounting System That Involves Recording the Effects of Each
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An Accounting System That Involves Recording the Effects of Each

Question 2

Question 2

Multiple Choice

An accounting system that involves recording the effects of each transaction as debits and credits is:


A) preparing financial statements.
B) the double-entry system.
C) completing one T account.
D) analyzing a business transaction.

Correct Answer:

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