Answer / shipra

IT IS A FACT BASED ON DOUBLE ENTRY ACCOUNTING SYSTEM.ALL THE
BUSINESS TRANSACTIONS HAVE A TWO FOLD ASPECT IN WHICH THE
ONE WHO RECEIVES ADDS TO HIS FUND AND TREATED AS DEBTOR, AND
THE ONE WHO PARTS AWAY WITH SOMETHING,CREDITS THE ACCOUNT
CONCERNED

Answer / siva kumar

dual accounting is a douable entry system.this is two
accpets .one accepetis debit anther accpets is credit.my
knowledge is this but any mistake of this question
retification pleaseaccpet.









siva kumar

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