q define double-entry bookkeepingdouble-entry, Financial Management

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q define double-entry bookkeepingdouble-entry

Q. Define Double-Entry Bookkeeping?

Double-Entry Bookkeeping - Method of recording financial transactions in that every transaction is entered in two or more accounts and includes two-way, self-balancing posting. Total DEBITS should equal total CREDITS.

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Financial Management: q define double-entry bookkeepingdouble-entry

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