The rules for recording accounting transactions

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Reference no: EM131506519

The rules for recording accounting transactions include all of the following? EXCEPT:

A. Every transaction affects the financial statements of the business.

B. Total assets must always equal total liabilities plus total equity.

C. Both sides of the accounting equation must be affected.

D. Every? transaction's net amount on the left side of the equation must equal the net amount on the right side of the equation.

Reference no: EM131506519

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