For every transaction, the sum of the debits must equal the sum of the:
ACredits
BCheques
CCabinets
DContracts
Answer & Solution
Correct answer: A. Credits
1. The books must stay in balance.
2. Each debit needs a matching entry.
3. So debits equal credits.
_Source: OpenStax Principles of Accounting Volume 1, Chapter 3, Analyzing and Recording Transactions._
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