Peter, an accountant, enters every transaction in the journal to reflect its impact on assets and its impact on liabilities and owners' equity. He is using
a double entry accounting system.
a balance sheet.
a financial ratio.
breakeven analysis.
a financial statement.

Question

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The Answer of Peter, an accountant, enters every transaction in the journal to reflect its impact on assets and its impact on liabilities and owners' equity. He is using
a double entry accounting system.
a balance sheet.
a financial ratio.
breakeven analysis.
a financial statement.

Peter, an Accountant, Enters Every Transaction in the Journal to Reflect