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Discussion Topic 1: Double Entry Accounting (10 marks)

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Resources

Read/Review the following resources for this activity:

 Wood, F. Business Accounting 2, Latest Edition (International Student Edition)


 “A” Level Accounting, H. Randall
 Read material from other related texts or websites.
Question/Instructions

Explain the concept of “double entry accounting” and the impact that this principle has on the
provision of credible financial information that is critical for the development of modern day
businesses.

Writing Requirements
 You are required to make one post only (your post).
 Post length: maximum 300 words
 Post length: minimum 250 words
 Using APA format, provide at least two citations with corresponding references, page number
and use appropriate in-text citation(s) for the post.
Grading and Assessment

You must present an in-depth discussion of high quality. You must also integrate sources to
support your points.
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Due Date for your post: By 6:00 pm Wednesday, 15th February 2023.

Respond to this discussion item on Moodle.

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