Question

What is Double entry system in Accounts ​

Answer 1

Double entry, a fundamental concept underlying present-day bookkeeping and accounting, states that every financial transaction has equal and opposite effects in at least two different accounts. ... With a double entry system, credits are offset by debits in a general ledger or T-account

Answer 2

it is an accounting system in which transactions are recorded two times one time is debit side and in credit side.