ebrimakuyateh742 ebrimakuyateh742

12-05-2022
Business

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what is double entry in financial accounting

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ingramjazmine9 ingramjazmine9

12-05-2022

Answer:

method of recording transactions where for every business transaction, an entry is recorded in at least two accounts as a debit or credit. In a double-entry system, the amounts recorded as debits must be equal to the amounts recorded as credits.

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