Question

Waite the
Pants
of
double entry system
​

Answer 1

Answer:

Double entry is an accounting term stating that every financial transaction has equal and opposite effects in at least two different accounts.

Answer 2

Answer:

Double entry system

Explanation:

Double-entry bookkeeping, in accounting, is a system of book keeping where every entry to an account requires a corresponding and opposite entry to a different account. The double-entry system has two equal and corresponding sides known as debit and credit. The left-hand side is debit and the right-hand side is credit.