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What is double entry book keeping?

Answer Posted / vkskumar171

DOUBLE ENTRY BOOK KEEPING MEANS THAN WE ARE DOING JOURNAL
ENTRIE THAN TWO SIDE EFFECT DR SIDE AND CR


EXAMPLE:

BANK A/C 500
TO CASH A/C 500

THIS ENTRIE SHOW BANK IS DR AND CASH IN CREDIT

BANK IS INCREASE
AND CASH IS DECREASE

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