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    Financial and Managerial Accounting Study Set 8
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    Exam 3: The Accounting Cycle: Capturing Economic Events
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    Every Transaction Affects Equal Numbers of Ledger Accounts and Is
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Every Transaction Affects Equal Numbers of Ledger Accounts and Is

Question 140

Question 140

True/False

Every transaction affects equal numbers of ledger accounts and is recorded by equal dollar amounts of debits and credits.

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