Question

The System of accounting which is most scientific and reliable. Answer in a word / phrase / term.

Answer 1

Hey mate ✌️✌️


The System of accounting which is most scientific and reliable⤵️⤵️⤵️

Double Entry Book because it recorded both cash and credit transaction.

Answer 2

• The system of accounting is most scientific and reliable because it is the Double Entry System.

• In the Double Entry system, every transaction is involved in both debit and credit.

• Both are equal in the Double Entry System.

• In every transaction, the account received a benefit is debited and the providing benefit is credited.

• In this system, each and every transaction is recorded.

• Double Entry System is a scientific and reliable method.