The principle of double entry bookkeeping states that

  • A every debtor must have a creditor
  • B every account debited must be immediately credited
  • C for every debit entry, there must be a corresponding credit entry
  • D for every double debit, there must be a double credit
waec 2014accounting

The correct answer is C. for every debit entry, there must be a corresponding credit entry

The double entry principle of bookkeeping states that, for every credit entry, there must be a corresponding debit entry and vice versa

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