double entry bookkeeping

Beschreibung

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mozzi.ajaib
Mindmap von mozzi.ajaib, aktualisiert more than 1 year ago
mozzi.ajaib
Erstellt von mozzi.ajaib vor etwa 9 Jahre
1820
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Zusammenfassung der Ressource

double entry bookkeeping
  1. whats double entry bookkeeping?
    1. in accounting, is a system of bookkeeping so named because every entry to an account requires a corresponding and opposite entry to a different account.
    2. Difference between single entry bookkeeping and doube entry bookkeeping
      1. 1. Single entry is an incomplete system of recording financial transactions. Double entry system is a complete system of recording and reporting financial transactions.
      2. Purpose of double bookkeeping entry
        1. The double entry system of accounting or bookkeeping means that every business transaction will involve two accounts (or more).
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