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With double-entry accounting, each transaction requires: ___________

a. that at least three accounts are affected.
b. that the total debits equal the total debits.
c. that at least two accounts are affected.
d. that the total debits will equal the total credits.

Respuesta :

ayokenny2001

With double-entry accounting, each transaction requires: That at least two accounts are affected.

What is double-entry?

Double-entry is an accounting principle, which states that for every debit entry, there must be a corresponding credit entry and vice versa.

Under double entry accounting, each transaction needs at least two accounts that are affected like :

  • Assets increase, assets decrease.
  • Assets increase, liabilities increase.
  • Assets increase, stockholder's equity increase.

Therefore, in double-entry accounting, each transaction requires that at least two accounts are affected.

Learn more about double-entry here : https://brainly.in/question/10125110

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