Question

explain the principle of double entry . describe the feature of double entry syastem of accounting. how do you calculate double entry? describe of double entry system
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Answer 1

Answer:

The main principle of the double-entry system is that for every debit there is a corresponding credit for an equal amount of money and for every credit there is a corresponding debit for an equal amount of money; i.e., for every transaction one account is debited for the amount of transaction and the other account is ...