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महाराष्ट्र राज्य शिक्षण मंडळएचएससी कला (इंग्रजी माध्यम) इयत्ता ११ वी

State whether the following statement is True or False with reasons: Every debit has equal and corresponding credit. - Book Keeping and Accountancy

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प्रश्न

State whether the following statement is True or False with reasons:

Every debit has equal and corresponding credit.

पर्याय

  • True

  • False

MCQ
चूक किंवा बरोबर

उत्तर

This statement is True.
As per the Dual aspect concept, every business transaction has a debit effect with equal and corresponding credit effect which is a base for the double-entry system.
shaalaa.com
Study of Double Entry Book-keeping System
  या प्रश्नात किंवा उत्तरात काही त्रुटी आहे का?
पाठ 2: Meaning and Fundamentals of Double Entry Book-Keeping - EXERCISE [पृष्ठ ४०]

APPEARS IN

बालभारती Book Keeping and Accountancy [English] 11 Standard Maharashtra State Board
पाठ 2 Meaning and Fundamentals of Double Entry Book-Keeping
EXERCISE | Q 4. 3) | पृष्ठ ४०
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