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Double-entry accounting refers to the fact that every financial transaction is: Select one: a. Entered in the journal and in the balance sheet b. Entered
Double-entry accounting refers to the fact that every financial transaction is:
Select one:
a. Entered in the journal and in the balance sheet
b. Entered in the journal and verified by the bookkeeper
c. Recorded so that each entry has equal debits and credits
d. Recorded twice, once in cash receipts and once in cash disbursements
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