Accountancy, asked by chopraruchika8, 1 month ago

“For every Debit there must be a Credit with equal amount”.Which system of accountingisfollowed inthis statement?

Answers

Answered by sornapudivgsuparnaku
1

Answer:

As mentioned above, business transactions are to be recorded in at least two accounts in double entry system of accounting. This is to say every amount debited in a transaction must be equal to every amount credited in that transaction

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