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Which of the following is not true regarding the double - entry system? Multiple Choice Transactions must be recorded twice to ensure accuracy. Debits must

Which of the following is not true regarding the double

-

entry system?

Multiple Choice

Transactions must be recorded twice to ensure accuracy.

Debits must equal credits.

Assets must equal liabilities plus stockholders' equity.

Both what is received and what is given is captured in the accounting system.

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