Question

Any two features of double entry system

Answer 1

Features of double entry system :-

♥ A transaction has two-fold aspects i.e. one giving the benefit and the other receiving the benefit .

♥ A transaction is divided into two aspects, Debit and Credit , one account needs to be debited and the other is to be credited .

♥ Every debit must have its corresponding and equal credit .

Answer 2

Answer:

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Features of Double Entry Accounting system:-

A transaction is divided into two aspects, Debit and Credit. One account needs to be debited and the other is to be credited. Every debit must have its corresponding and equal credit.