What is double entry book keeping?
Submitted by: AdministratorIn double entry book, keeping method a journal entry is posted to both respective accounts for each transaction.
Let us say for sales transaction, debit entry posted to cash account credit entry posted to sales account.
Therefore, it is one of the methods to post accounting transactions.
Submitted by: Administrator
Let us say for sales transaction, debit entry posted to cash account credit entry posted to sales account.
Therefore, it is one of the methods to post accounting transactions.
Submitted by: Administrator
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