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Which statement is true in relation to double-entry accounting? When recording a transaction there should always be one debit entry and one credit entry. When
Which statement is true in relation to double-entry accounting?
When recording a transaction there should always be one debit entry and one credit entry.
When recording a transaction there should always be one debit entry and one credit entry except when the transaction affects equity.
When recording a transaction there should be an equal number of debit and credit entries.
When recording a transaction the value of debit entries should equal the value of credit entries.
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