Accountancy, asked by KINGbolteji, 19 hours ago

what do you mean by double entry system explain it, s principle​s

Answers

Answered by sshristi9430
0

Explanation:

The double-entry is an accounting system to record a transaction in a minimum of two accounts and is based on a dual aspect i.e. Debit and Credit and this principle requires that for every debit there must be an equal and opposite credit in any transaction.

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