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In double-entry accounting, there must be at least one debit and at least one credit....

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Accounting

In double-entry accounting, there must be at least one debit and at least one credit. Also,

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the total of the debit amounts must equal the total of the credit amounts.

the total assets must equal the total liabilities.

the total of liabilities must equal the total of stockholders' equity.

the total revenue must equal the total expenses

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