Jeff Hiller, a fellow student, contends that the double entry system means each transaction must be recorded

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

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Accounting Principles

ISBN: 978-0470533475

9th Edition

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

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Question Posted: Dec 16, 2011 09:46 AM

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Jeff Hiller, a fellow student, contends that the double entry system means each transaction must be recorded

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Jeff is wrong The doubleentry system mainly records the dual aspec...View the full answer

Accounting Principles

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