Answer Posted / hashim bin ali
dual accounting is nothing but double entry system.the
method of writing every transation in to two accounts is
known as dual accounting or double entry system of
accounting.of the two accounts, one account is given debit
while the other account is given credit with an equal
amount.thus on any date the toatal of all debit must be
equall to the the total of all credits becouse every debit
has a coresponding credit entry.
| Is This Answer Correct ? | 1 Yes | 0 No |
Post New Answer View All Answers
EXPAND______________ICT
different between acconting and elective mathematics
Give me total Details of payroll calculation, payslip with examples.
Difference between nonoperating expentiture and non cash expenditure
what is capital market and money market? what is primary market and secondary market?
How to dived the persons AOP, AJP, BODY OF INDIVIDUALS,HUF,COMPANY-NON RESIDENT, COMPANY RESIDENT LOCLA AUTHORITY,PARTNERSHIP FIRM(meaning)
what is status report? and flow report?
what is the difference between accounts manager and finance manager?
legal accounting methods to reduce profit of a partnership firm so as to reduce the tax liability?
Expand---------PED
Explain about Fixed capital
Example for extra ordinary expenditure?
someone plz plz plzz.. send me the sample papers for SBI clerical xams... i need it very badly..
Why you choose commerce faculty & not science or Why you are in commerce & not in science ?
what happens to each of the three primary financial statements when capital expenditures decrease?