Question: QUESTION 1 8 Accounting is based on what we call a double - entry accounting system, which requires the following: The sum of debits must

QUESTION 18
Accounting is based on what we call a double-entry accounting system, which requires the following:
The sum of debits must equal credits
Each time we record a transaction, we must record a change in at least two different accounts
Transactions may record only two debits
Answers A and B are correct
QUESTION 1 8 Accounting is based on what we call

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