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double entry system

double entry system

by Md. Abdullah Ibna Harun (193-15-13426) -
Number of replies: 0
it is a system in which can enter both sides of the transaction. For every debit there is a credit. For every giver, there is a taker. The double entry system has proved to be a scientific and complete system of accounting followed by every enterprise organization. 
like Banks, Ngo use this method / double entry system