Question: double - entry accounting system is an accounting system: Multiple Choice 1 : 3 1 That records the effect of each transaction in at least
doubleentry accounting system is an accounting system:
Multiple Choice
:
That records the effect of each transaction in at least two accounts, with at least one debit and one credit.
In which each transaction affects and is recorded in two or more accounts but that could include two debits and no cre
That records each transaction twice.
That allows total debits to be areater than total credits.
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