Question

what is an souble entry syatem

Answer 1

Answer:

Double Entry System

Explanation:

Dear, its not Souble Entry System, it is Double entry system

Double-entry bookkeeping is an accounting system where every transaction is recorded in two accounts: a debit to one account and a credit to another. For example, if a business takes out a $5000 loan, assets are credited $5000 and liability is debited $5000.

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