Do accounting transactions have to affect both sides of the fundamental accounting equation? Explain.
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All accounting transactions must affect at least two accounts so ...View the full answer
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Paulo Olinarez
I am currently working as a Senior Tax Associate doing tax due diligence audit for prospective business mergers and acquisitions. I also had two-year audit experience handling clients in the automotive, holdings, agriculture, and real-estate industry in the Philippines' largest and prestigious professional firm. I am also helping students as a part-time tutor in another tutor site, specifically in accounting, financial accounting, management accounting, cost accounting, and taxation subject with excellent helpful ratings from my students. I graduated as Magna Cum Laude and landed as Top 15 in the Philippines' Licensure Examination for Certified Public Accountants.
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