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Title: Suppose the total of all debits is less than the total of all credits in a double-entry bookkeeping ... Post by: AllenZ on Jun 13, 2017 Suppose the total of all debits is less than the total of all credits in a double-entry bookkeeping journal. What must be the explanation for this?
A) An error has occurred. B) Single-entry transactions have been recorded. C) GAAP standards were not followed. D) There has been a loss for the day. E) There has been a profit for the day. Title: Re: Suppose the total of all debits is less than the total of all credits in a double-entry ... Post by: podra on Jun 13, 2017 Content hidden
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