Question

Define double entry system

Answer 1

double entry system is a system in which the dual aspects of an account will be recorded in the book of accounts

Answer 2

Answer:

Double-entry bookkeeping, in accounting, is a system of book keeping where every entry to an account requires a corresponding and opposite entry to a different account. The double-entry has two equal and corresponding sides known as debit and credit. The left-hand side is debit and right-hand side is credit.