In a compound journal entry: a. If two accounts are debited, two accounts must be credited. b.
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In a compound journal entry:
a. If two accounts are debited, two accounts must be credited.
b. If two accounts are debited, at least one account must be credited.
c. Total debits must equal total credits.
d. Both b and c are correct.
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d Both b and c are correct A journal entry is a record of the financial transact...View the full answer
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Related Book For
College Accounting A Contemporary Approach
ISBN: 9781260780352
5th Edition
Authors: David Haddock, John Price, Michael Farina
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