Question

how many types of double entry system​

Answer 1

Answer:

two types

two typesDouble entry accounting, moreover, uses debits and credits in this way to track fivekinds of transactions: Revenues, Expenses, Liabilities, Equities, and Assets. Single-entry accounting, by contrast, recognizes only two types of operations: Cash inflows and cash outflows.

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Answer 2

Two types:-

1. Single entry accounting

2. Double entry accounting