Each external transaction will have a dual effect on the accounting equation. Explain what this means.

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Financial Accounting

ISBN: 978-0078025549

3rd edition

Authors: J. David Spiceland, Wayne Thomas, Don Herrmann

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Question Posted: Jul 15, 2014 03:26 AM

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Each external transaction will have a dual effect on the accounting equation. Explain what this means.

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Dual effect refers to each transaction having an effect on at least two accounts ...View the full answer

Financial Accounting

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