The double entry principle states that?

By: |Published on: Mar 21|Categories: Accounting WAEC| 0 comments

A. every debit entry must have a corresponding credit entry
B. every credit entry must have a corresponding double entry
C. every debit must have a corresponding double entry
D. every asset must have a corresponding liability

Correct Answer: Option A

A. every debit entry must have a corresponding credit entry

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