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what is Double Entry System ?¿
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Answered by
31
Answer:
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.
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6
Answer:
The double-entry system is an accounting system which affects at least two accounts simultaneously with every transaction.
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