Write a short note on Double Entry System of Accounting – InterviewSolution

1.	Write a short note on Double Entry System of Accounting
Answer» mark as brainlist PLEASE friendExplanation:The double-entry system of accounting or BOOKKEEPING means that for every BUSINESS transaction, amounts must be recorded in a minimum of two accounts. The double-entry system also REQUIRES that for all transactions, the amounts entered as DEBITS must be equal to the amounts entered as credits.

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