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Tamil Nadu Board of Secondary EducationHSC Commerce Class 11
Textbook Solutions7033
Concept Notes12
Syllabus

What is the double-entry system? - Accountancy

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Question

What is the double-entry system?

Short Note

Solution

A double-entry system of book-keeping is a scientific and complete system of recording the financial transactions of an organization.

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Double Entry System
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Q III 7.
Chapter 3: Books of Prime Entry - Short answer questions [Page 58]

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Samacheer Kalvi Accountancy [English] Class 11 TN Board
Chapter 3 Books of Prime Entry
Short answer questions | Q III 7. | Page 58

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In double entry system of book keeping, every business transaction affects _________.


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