Which statement is true?
a. The double entry system requires every transaction to be recorded in at least two places
b. The double entry system requires every transaction to be recorded in at least three places
c. The double entry system requires every transaction to be recorded in at least one places
d. The double entry system requires every transaction to be recorded in at least four places
e. None of these
Answer: a. The double entry system requires every transaction to be recorded in at least two places
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