Question

what is dual aspect concept ?​

Answer 1

Answer:

The dual aspect concept states that every business transaction requires recordation in two different accounts. This concept is the basis of double entry accounting, which is required by all accounting frameworks in order to produce reliable financial statements.

please follow me guyz ♥️♥️

and mark as brainlest please

Answer 2

Hey dear.... Here's your answer.....

The dual aspect concept states that every business transaction requires recordation in two different accounts. This concept is the basis of double entry accounting, which is required by all accounting frameworks in order to produce reliable financial statements.

Hope this will be helpful to you dear friend.....

Follow me......