In a compound journal entry: a. If two accounts are debited, two accounts must be credited. b.

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In a compound journal entry:
a. If two accounts are debited, two accounts must be credited.
b. If two accounts are debited, at least one account must be credited.
c. Total debits must equal total credits.
d. Both b and c are correct.

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College Accounting A Contemporary Approach

ISBN: 9781260780352

5th Edition

Authors: David Haddock, John Price, Michael Farina

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Question Posted: Jul 05, 2022 01:11 AM

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In a compound journal entry: a. If two accounts are debited, two accounts must be credited. b.

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d Both b and c are correct A journal entry is a record of the financial transact...View the full answer

College Accounting A Contemporary Approach

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