What are the advantages of double entry system?
Answer / Bhupendra Sharma
The double entry accounting system has several advantages. It provides a clear and accurate record of financial transactions, ensures that debits always equal credits, helps identify errors quickly by requiring reconciliation between accounts, and allows for better management decision-making through the generation of financial reports.
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Dear sir , 1-what is diffrence local tax & vat 2 -what is sales tax. tds. service tax challan & return due date(monthly & quartly, annually) 3- what is deprecation rate in company act 4-what is income tax latest limit-
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