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Contents tagged with Double-Entry


Double-entry bookkeeping system

By AtulHost in Finance and Investments ⋅ December 22nd, 2020
Bookkeeping

The Double Entry Bookkeeping system is scientific, perfect, and a complete method of recording business information in the books of accounts. Generally, in every business transaction, we find two accounts, out of which one account is given debit effect and another account is given credit effect. In other words, in this system for every debit,… Continue reading ⟶

Tagged with accounting, accounts, Bookkeeping, Double-Entry, Single-Entry.
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