Interviewer And Interviewee Guide

Accounting Interview Question:

What is the dual aspect concept?

Submitted by: Administrator
Dual aspect concept: Each transaction has two sides. Example: when you buy a shirt, then shirt comes to you while cash leaves you similarly if you sell the same shirt to anyone then cash comes to you while shirt leaves you. Recording both aspects of coming and going is called dual aspect concept
Submitted by: Administrator

Read Online Accounting Job Interview Questions And Answers
Copyright 2007-2024 by Interview Questions Answers .ORG All Rights Reserved.
https://InterviewQuestionsAnswers.ORG.