The principle of double entry bookkeeping states that
- every debtor must have a creditor
- every account debited must be immediately credited
-
for every debit entry, there must be a corresponding credit entry
- for every double debit, there must be a double credit
The correct answer is: C
Explanation
The double entry principle of bookkeeping states that, for every credit entry, there must be a corresponding debit entry and vice versa