Double Entry Accounting Requires That

Double entry accounting requires that:

A) the claims held by external parties equal the claims held by the owners.
B) the total assets of an entity equal the total of the claims held by external parties plus those claims held by the owners.
C) the liabilities of the entity equal its total assets plus the claims held by the owners.
D) the recognition of the claims held by owners will match the entity's total assets.

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