हिंदी

State whether the following statement is true or false with reasons: The double entry system is based on “Dual Aspect” concept. - Book Keeping and Accountancy

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प्रश्न

State whether the following statement is true or false with reasons:

The double entry system is based on “Dual Aspect” concept.

विकल्प

  • True

  • False

MCQ
सत्य या असत्य

उत्तर

This statement is True.
As per dual aspect concept, in every transaction. Every debit has its corresponding and equal credit effect, which is always followed in the double-entry system.
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Accounting Concepts, Conventions and Principles
  क्या इस प्रश्न या उत्तर में कोई त्रुटि है?
अध्याय 1: Introduction to Book - Keeping and Accountancy - EXERCISE [पृष्ठ १७]

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बालभारती Book Keeping and Accountancy [English] 11 Standard Maharashtra State Board
अध्याय 1 Introduction to Book - Keeping and Accountancy
EXERCISE | Q 4. 3) | पृष्ठ १७
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