160k views
5 votes
Explain what is involved in the process of double entry accounting

1 Answer

6 votes

Answer: a standard accounting method that involves recording each transaction in at least two accounts, resulting in a debit to one or more accounts and a credit to one or more accounts.

:)

User Woshishui
by
8.1k points

No related questions found

Welcome to QAmmunity.org, where you can ask questions and receive answers from other members of our community.

9.4m questions

12.2m answers

Categories