menu-iconExamlexExamLexServices

Discover

Ask a Question
  1. All Topics
  2. Topic
    Business
  3. Study Set
    Accounting Business Reporting
  4. Exam
    Exam 4: Business Transactions
  5. Question
    The Double Entry Accounting Method Requires Each Transaction to Have
Solved

The Double Entry Accounting Method Requires Each Transaction to Have

Question 51

Question 51

Short Answer

The double entry accounting method requires each transaction to have at least ___________ effects on the accounting equation.

Correct Answer:

verifed

Verified

Unlock this answer now
Get Access to more Verified Answers free of charge

Related Questions

Q46: Income has a (positive/negative)_ effect on Equity.

Q47: If: <span class="ql-formula" data-value="\begin{array}{l}\text {

Q48: A business borrowed $20 000 from AXY

Q49: Which of the following is not a

Q50: Which of these would be classed as

Q52: The effect on the accounting equation of

Q53: The abbreviation for credit is _.

Q54: Liabilities + equity should always be:<br>A)less than

Q55: The effect on the accounting equation of

Q56: Profit is added to opening equity to

Examlex

ExamLex

About UsContact UsPerks CenterHomeschoolingTest Prep

Work With Us

Campus RepresentativeInfluencers

Links

FaqPricingChrome Extension

Download The App

Get App StoreGet Google Play

Policies

Privacy PolicyTerms of ServiceHonor CodeCommunity Guidelines

Scan To Download

qr-code

Copyright © (2025) ExamLex LLC.

Privacy PolicyTerms Of ServiceHonor CodeCommunity Guidelines