The principle of double entry bookkeeping states that
...The principle of double entry bookkeeping states that
Every debtor must have a creditor
Every account debited must be immediately credited
For every debit entry, there must be a corresponding credit entry
For every double debit, there must be a double credit
Correct answer is C
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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