A. every debtor must have a creditor
B. every account debited must be immediately credited
C. for every debit entry, there must be a corresponding credit entry
D. for every double debit, there must be a double credit
Correct Answer: Option C
C. for every debit entry, there must be a corresponding credit entry
Explanation
The double entry principle of bookkeeping states that, for every credit entry, there must be a corresponding debit entry and vice versa
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