The rules of double entry states that

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A For every debit entry, there must be a corresponding debit entry
B For every credit entry, there must be a corresponding credit entry
C All transactions must be recorded in two accounts, one account is debited and another is credited
D All transaction must be credited

Correct Answer: Option C

Explanation:
Double entry system is the entry of debit and credit for each transaction in the ledger. Hence the double entry rules states that "debit the receivers, credit the giver".

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The rules of double entry states that

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