The dual effect of transactions means that every transaction recorded: A.Must be entered twice-once in the accounting records and once in a financial statements B.Must make changes to accounts in two...


The dual effect of transactions means that every transaction recorded:


A.Must be entered twice-once in the accounting records and once in a financial statements


B.Must make changes to accounts in two seperate financial statements


C.Must have an effect on the dual sides of the Accounting Equation


D.Must record changes to two accounts and only two accounts


E.Must make at least two changes in its Assets,Liability and Owners Equity accounts



Jun 10, 2022
SOLUTION.PDF

Get Answer To This Question

Related Questions & Answers

More Questions »

Submit New Assignment

Copy and Paste Your Assignment Here