Question

what do you mean by principle double entry

Answer 1

Hey mate here is your answer

The debit and credit aspects of a transaction are to be identified based on the principles of double entry system of accounting. Debit refers to entering an amount of the left side of and account and Credit means to enter an amount on the right side of and account. The abbreviated form of Dr. Stands for Debit and Cr.

Hope this answer will help you!!!!