Question

In double entry system what is recorded?

Answer 1

In the double-entry system, transactions are recorded in terms of debits and credits. Since a debit in one account offsets a credit in another, the sum of all debits must equal the sum of all credits.

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Answer 2

Answer:

Hi mate ...

Here is ur answer ⬇️⬇️

⭐In the double-entry system, transactions are recorded in terms of debits and credits. Since a debit in one account offsets a credit in another, the sum of all debits must equal the sum of all credits.⭐