Question

Write a short note on Double Entry System of Accounting​

Answer 1

Answer:

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Explanation:

The double-entry system of accounting or bookkeeping means that for every business transaction, amounts must be recorded in a minimum of two accounts. The double-entry system also requires that for all transactions, the amounts entered as debits must be equal to the amounts entered as credits.

Answer 2

Explanation:

Here is your answer

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