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The double entry principle states that

Accounts - Principles of Accounts
WAEC 2013

The double entry principle states that
  • A. every debit entry must have a corresponding credit entry
  • B. every credit entry must have a corresponding double entry
  • C. every debit must must have a corresponding double entry
  • D. every assets must have a corresponding liability
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Correct Answer: Option A
Explanation
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