Which of the following principles are always true about financial accounting? a. Transactions are posted first to
Question:
Which of the following principles are always true about financial accounting?
a. Transactions are posted first to the General Ledger.
b. Debits = Credits.
c. Each transaction involves at least two accounts.
d. The balance sheet contains all accounts.
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The principle that is always true about financial accounting is c Each transaction involves at least ...View the full answer
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Related Book For 
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ISBN: 9781264415618
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Authors: Jeanette M. Landin, Paulette Schirmer
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