Accountancy, asked by Kumbharvikram89, 1 month ago

bouble entry means?

Answers

Answered by likithadurgadevi
0

Answer:

Double entry means that every transaction will involve at least two accounts. For example, if your company borrows money from the bank, the company's asset Cash is increased and the company's liability Notes Payable is increased. ... Double entry also requires that one account be debited and the other account be credited.

Explanation:

I hope this helps you

Answered by shraddhabadhe
0

Answer:

woh bouble nahi hai woh double hoga

Explanation:

double means

double entry, a fundamental concept underlying present - day bookkeeping and accounting, states thateveryday financial transactions has equal and opposite effect in at least two different account

Assets = Liabilities plus Equity

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