Question

what is double entry system​

Answer 1

Explanation:

it means that for every transaction, amount must be recorded in a minimum of two accounts.

it also requires that for all transactions ,the amount entered as debits mist be equal to the amount credits.

hope it will help u

Answer 2

Explanation:

Double Entry system is a system propounded by Lucas Pacioli.It states that every debit side(on left side) has a credit side(on right side)of equal amount.