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Which of the following concepts use the rules ‘every transaction affects two or more ledger accounts?

(A) Going concern

(B) Double entry book-keeping

(C)Money measurement

(D)Periodicity

Accounting Investments Financial Accounting Finance
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Question added by Sultan Alghamdi
Date Posted: 2016/02/11
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Ahmed Alkhateb
by Ahmed Alkhateb , Independent Accounting , Self employed

The double entry system of accounting or bookkeeping means that every business transaction will involve two accounts (or more). So, the answer is B

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