Does the double-entry principle of an equal value of debits and credits in the system cease to

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Does the double-entry principle of an equal value of debits and credits in the system cease to apply when subsidiary ledgers are being employed?

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Financial Accounting An Integrated Approach

ISBN: 9780170411028

7th Edition

Authors: Ken Trotman, Elizabeth Carson

Question Posted: Aug 20, 2023 06:48 AM

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Does the double-entry principle of an equal value of debits and credits in the system cease to

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No the doubleentry principle of an equal value of debits and credits continues to apply even when subsidiary ledgers are being employed The use of sub...View the full answer

Financial Accounting An Integrated Approach

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