Question 2 Which 2 statements regarding source and target data are true? Transactions typically have one line of source data Source account data must be a balance sheet account Transactions cannot have more than one line of target data Source data provides information about classes
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Source data typically refers to the origin of the transaction, such as the account it affects (e.g., cash, accounts receivable). Target data refers to the details of the transaction, such as the amount, the account it is going to, and any other relevant details. Show more…
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