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Which of the following statements regarding the double-entry system is accurate? a. It dictates that two debits must be entered when a transaction is recorded.
Which of the following statements regarding the double-entry system is accurate?
a. It dictates that two debits must be entered when a transaction is recorded.
b. It dictates that at least one debit and one credit must be entered when a transaction is recorded.
c. It dictates that two credits must be entered when a transaction is recorded.
d. It dictates that exactly one debit and one credit must be entered when a transaction is recorded.
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