Question

in financial accounting the following system is follwed​

Answer 1

Answer:

Systems of accounting refer to the two systems of recording the financial transactions in the books of accounts. These two systems are the single entry system and the double or dual entry system.

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Answer 2

Explanation:

Systems of accounting refer to the two systems of recording the financial transactions in the books of accounts. These two systems are the single entry system and the double or dual entry system.

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