In double-entry accounting systems, debits must always equal ______.
A) assets
B) liabilities
C) credits
D) owner's equity

Name: In double-entry accounting systems, debits must always equal ______. A) assets B) liabilities C) credits D) owner's equity
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Question

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In double-entry accounting systems, every transaction is entered twice, once as a debit and once as a credit, to ensure the accounting equation remains balanced. This means debits must always equal credits.

In Double-Entry Accounting Systems, Debits Must Always Equal ______