Accountancy, asked by noopurxa251, 2 months ago

write a short note on dual aspect concept?​

Answers

Answered by bhunikasharma
3

Explanation:

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.

Answered by rayjyotirekha
0

Answer:

please mark me branist bro

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