Q3: Which of the following is best described as: Every transaction has at least two corresponding debit-credi | UPSC EPFO APFC 2026
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Which of the following is best described as: Every transaction has at least two corresponding debit-credit effects

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Question ID #25861 UPSC UPSC EPFO APFC 2026 Mock Test Series UPSC EPFO APFC Accounting Principles Sectional Test 2026 Medium

Which of the following is best described as: Every transaction has at least two corresponding debit-credit effects

Correct Answer: A. Double-entry system
The correct answer is Double-entry system. Every transaction has at least two corresponding debit-credit effects
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Which of the following is best described as: Every transaction has at least two corresponding debit-credit effects - MCQ Explanation

This question is useful for exam preparation because it provides direct multiple-choice practice with options, answer checking and explanation.

Correct answer: A. Double-entry system

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