Answer / sk arun kumar

Double entry book keeping system is the dual aspect of
entering the transactions on both the sides-i.e. the amount
of a business transaction is entered on both the sides i.e.
on the debit and also on the credit side of an account.

Answer / geetha

The double entry system is the one transaction is entered
in both sides of accounting books. Once it is debited and
again it is credited.

Answer / narasimha rao

BOTH ASPECTS OF TRANSACTION ARE RECORDED IN ACCOUNTING
BOOKS IS CALLED DOUBLE ENTRY SYSTEM BOTH ASPECTS ARE ONE
IS DEBIT AND SEACOND IS CREDIT

Answer / shameem

Entering both aspect of the accounting is named as "double
entry book keeping".one is named as 'debit' and another
is 'credit'.Hence for every debit there will be an equal
and corresponding credit.

Answer / jaivardhan singh jadon

as a system of accounting in which out of the two aspects of
a transaction,one aspect is debited and the other aspect is
credited accoding to certain prescribed rules.

Answer / narasimha rao

both aspects of trasaction are recorded in accounting
books that is called double entry system one is dr
another is cr

Answer / pavan

Every Transation recognised in two Acconts One is Debit and
other is Credit it is Most important concept in accounts
its will shows the arthametical accuracy

Answer / saraswati panda

The need for maintaining the a record of income and
expenditure in a clear and systematic manner or the art of
recording and summarising in terms of money transactions
events of financial character interpreting the results
thereof.

Sir i am fresher and i am going to join in an educational institution can you give me suggestions regarding how to work with Tally and what type of entry's may i get there.

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