`1.पुस्तपालन एवं लेखाकर्म की दोहरे लेखे प्रणाली को विस्तार से समझाइए और उसके लाभ लिखिए।
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Answer:
English version;
Explain in detail the dual accounting system of bookkeeping and accounting and write its advantages?
Explanation:
The accounting cycle is a fundamental process for completing a company’s bookkeeping tasks. Following steps should be taken to complete the accounting cycle;
Identify transactions
Record transactions in a journal
Posting of every transaction
Unadjusted trial balance
Balance worksheet
Adjusting journal entries
In dual accounting system, we define two parallel systems to keep data redundancy as well as helps in cross verification of records
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