Accountancy, asked by usm167, 1 year ago

according to double entry system of accounting?

Answers

Answered by harshbeerkaur4

3

Answer:

❤️❤️The double-entry system of accounting or bookkeeping means that for every business transaction, amounts must be recorded in a minimum of two accounts. The double-entry system also requires that for all transactions, the amounts entered as debits must be equal to the amounts entered as credits.❤️❤️

Explanation:

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