Tom Dingel, a fellow student, contends that the double entry system means each transaction must be recorded

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Tom Dingel, a fellow student, contends that the double entry system means each transaction must be recorded twice. Is Tom correct? Explain.

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Financial Accounting

ISBN: 9781118334324

9th Edition

Authors: Jerry J. Weygandt, Paul D. Kimmel, Donald E. Kieso

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Question Posted: Feb 17, 2014 10:49 AM

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Tom Dingel, a fellow student, contends that the double entry system means each transaction must be recorded

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Tom is wrong The doubleentry system mainly records the dual aspect ...View the full answer

Financial Accounting

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