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What are rules of double entry system ?
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Answer / chandu
according to double entry system every transaction must have two aspects one is receiving aspect and another one is giving aspect both aspects should be recorded in the books of accounts is called double entry system.
| Is This Answer Correct ? | 5 Yes | 0 No |
Answer / gohar ali pugc
According to Dual Aspect Concept Each transaction has
dual/double treatment as one is debit and it also be credit
and it is recorded in the jeneral book of account
| Is This Answer Correct ? | 5 Yes | 1 No |
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