Final answer:
Double-entry bookkeeping involves impacting at least two accounts per transaction to ensure balance.
Explanation:
True. In double-entry bookkeeping, every transaction impacts at least two accounts. For example, if a company buys equipment for [tex]$5,000, it would debit the equipment account by $[/tex]5,000 and credit the cash account by $5,000 to maintain the balance.
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