Double-entry accounting means: a. All accounting records need to be recorded twice to ensure appropriate backup of

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Double-entry accounting means:

a. All accounting records need to be recorded twice to ensure appropriate backup of data

b. All accounting transactions need to be entered twice in the system to ensure accuracy of data

c. Every time a transaction is recorded, the total amount debited must equal the total amount credited

d. The increases in an account must always equal the decreases in the same account

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Fundamental Accounting Principles Volume I

ISBN: 978-1260305821

16th Canadian edition

Authors: Kermit Larson, Tilly Jensen, Heidi Dieckmann

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