Business Studies > 2021 PAPER I > 54
BECE/Junior WAEC
The concept of double entry book keeping states that,
A.
every debit entry must have a corresponding credit entry and vice versa
B.
every entry must be recorded at least two times
C.
every transaction must be balanced
D.
one party receives and another party gives
E.
purchases and sales must be received separately
Answer: A
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