Question

five features of double entry system​

Answer 1

Answer:

1)it's rectify itself

2) no chance on any fraud

3) it's give it's Debit and credit have same balance effect

4) make passing entry easy

5) Every debit have credit

Answer 2

Answer:

Explanation:

Following are the features of double entry system:

1.Every business transaction affects two accounts.

2.Recording of both personal and impersonal aspects.

3.Recording is made according to certain specified rules.

4.Preparation of trial balance.