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Which of the following is not true regarding the double-entry system? A) Transactions must be recorded twice to ensure accuracy. B) Debits must equal credits.

Which of the following is not true regarding the double-entry system? A) Transactions must be recorded twice to ensure accuracy. B) Debits must equal credits. C) Assets must equal liabilities plus stockholders' equity. D) Both what is received and what is given in exchange must be recorded.

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