Accountancy, asked by tahirarafeeq555, 7 hours ago

what requirment is imposed by double entry system in the recordings of any business transaction?

Answers

Answered by Aryanpradhan47
1

Answer:

In the double-entry system, transactions are recorded in terms of debits and credits. Since a debit in one account offsets a credit in another, the sum of all debits must equal the sum of all credits.

Explanation:

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