The duality concept requires that each transaction must be recorded:

Name: The duality concept requires that each transaction must be recorded:
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The duality concept requires that each transaction must be recorded in at least two different accounts to ensure that the accounting equation remains in balance. This is often referred to as the double-entry accounting system. Transactions must be recorded both as a debit and a credit in separate accounts.

The Duality Concept Requires That Each Transaction Must Be Recorded