Question

double entry system.of accounts records are generally maintained by​

Answer 1

Answer:

This method relies on the use of the accounting equation Assets = Liabilities + Equity.

Answer 2

Answer:

Debit and Credit

Explanation:

Debits and Credits are basics in a double entry system of bookkeeping and accounting. At the time of posting an accounting entry, an entry on the left half of the account ledger is a debit entry and right side entry is a credit entry.