double-entry bookkeeping system
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Answer / guest
double entry bookeeping system follows the 'every debit has
a corresponding credit" and hence, total of all debits has
to be equal to the total of all credits.
| Is This Answer Correct ? | 13 Yes | 4 No |
Answer / kartikk.050
THE SYSTEM OF MAKING TWO ENTRIES OF EQUAL IN TWO DIFFERENT
ACCOUNTS IN OPPOSITE SIDES IN THE BOOKS OF EACH OF TH
CONTRACTING PARTIES
| Is This Answer Correct ? | 2 Yes | 3 No |
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