Explain the main objection to double accounting system
Answers
Answered by
0
The double entry system of accounting or bookkeeping means that every business transaction will involve two accounts (or more). ... Double entry also allows for the accounting equation (assets = liabilities + owner's equity) to always be in balance.
Similar questions
English,
5 months ago
Math,
5 months ago
English,
5 months ago
Political Science,
10 months ago
Social Sciences,
1 year ago