[Answered] Double-entry bookkeeping requires that the debit and credit entries for any transaction must ...

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WhattoUnderstand

Hero Member
Posts: 517

on: Jun 30, 2018

Double-entry bookkeeping requires that the debit and credit entries for any transaction must balance.
a. True
b. False
Indicate whether the statement is true or false

Question 2

A trade deficit experienced by a country during a year generally signals the poor health of the economy.
a. True
b. False
Indicate whether the statement is true or false

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Marked as best answer by a Subject Expert

jackie

Sr. Member
Posts: 324

Reply #1 on: Jun 30, 2018

Answer to Question 1

True

Answer to Question 2

False

WhattoUnderstand

Member
Posts: 517

Reply 2 on: Jun 30, 2018

Gracias!

parker125

Member
Posts: 332

Reply 3 on: Yesterday

TYSM

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