Which of the following is not truewith a double-entry accounting system? The accounting equation remains in balance.

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Which of the following is not truewith a double-entry accounting system?

The accounting equation remains in balance.

Every transaction affects at least two accounts.

The sum of all debits is always equal to the sum of all creditsin each journal entry.

Each business transaction will have two debits.

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Financial ACCT2

ISBN: 978-1111530761

2nd edition

Authors: Norman H. Godwin, C. Wayne Alderman

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Posted Date: Dec 13, 2022 09:40 AM

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Which of the following is not truewith a double-entry accounting system? The accounting equation remains in balance.

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Financial ACCT2

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