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Saroj Kumar

Banking Exams
Financial Awareness
2 years ago
Content Issue Not Relevent Obscene Threatening Wrong Information Other

What are Features of The Double Entry System ?

1 Answer
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Muskan Anand

2 years ago

Features of Double Entry Accounting system A transaction has two-fold aspects i.e. one giving the benefit and the other receiving the benefit. A transaction is divided into two aspects, Debit and Credit. ... Every debit must have its corresponding and equal credit.

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