Is it still necessary to record a transaction if it has no net effect on the accounting
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Is it still necessary to record a transaction if it has no net effect on the accounting equation? Explain your answer.
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Generally recording a transaction is necessary to record the fact that an event happened If a tran...View the full answer
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Related Book For 
Principles Of Accounting Volume 1 Financial Accounting
ISBN: 9781593995942
1st Edition
Authors: Mitchell Franklin, Patty Graybeal, Dixon Cooper, OpenStax
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