Question

define double entry kaise ho dear shreya​

Answer 1

Answer:

Double-entry bookkeeping is an accounting system where every transaction is recorded in two accounts: a debit to one account and a credit to another. For example, if a business takes out a $5000 loan, assets are credited $5000 and liability is debited $5000.

Answer 2

Answer:

Double-entry bookkeeping is a system where every entry to an account requires a corresponding and opposite entry to a different account. The double-entry system has two equal and corresponding sides known. The left-hand side is debit and the right-hand side is credit.