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What is double entry bookkeeping - JSS1 Business studies Double Entry Book Keeping Question

What is double entry bookkeeping?

A

A system where every financial transaction has equal and opposite effects in at least two different accounts.

B

A system where only one account is used for recording financial transactions.

C

A system where transactions are recorded randomly without any specific rules

D

A system where transactions are recorded without any consideration of balancing

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Correct Option: A
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