Barry Barack, a fellow student, contends that the double-entry system means each transaction must be recorded twice.

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Barry Barack, a fellow student, contends that the double-entry system means each transaction must be recorded twice. Is Barry correct? Explain.

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Accounting Tools for Business Decision Making

ISBN: 978-1118096895

6th edition

Authors: Paul D. Kimmel, Jerry J. Weygandt, Donald E. Kieso

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Question Posted: Aug 24, 2016 01:40 AM

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Barry Barack, a fellow student, contends that the double-entry system means each transaction must be recorded twice.

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Barry Barack is incorrect The doubleentry system merely r...View the full answer

Accounting Tools for Business Decision Making

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