Question

what are the rules of double entry system of accounting​

Answer 1

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Answer 2

Answer:

ANWERS IN 3 POINTS...,.....

•Every business transaction has to be recorded in at least two accounts in the books. a. ...

•For each transaction, the total debits recorded must equal the total credits recorded. ...

•Total assets must always equal total liabilities plus equity (net worth or capital) of a business.

Explanation:

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