As a financial manager, you are reviewing the financial statements compiled by the accounting team....

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Accounting

As a financial manager, you are reviewing the financial statements compiled by the accounting
team. You notice that for every debit recorded in the system, there is a corresponding credit
and vice versa. What concept does this observation relate to?
Select one:
The cash flow statement equation
None of the options provided
The prudence principle
Ceteris paribus
The double-entry system
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