Economy, asked by lokesh14154, 1 year ago

describe the procedure from jenera to final account double entry system​

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Answered by riyamalik79
1

Answer:

Definition of Double-Entry System

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.

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