Double entry implies that
A. Recording entries in Journal
B. Recording entries in Ledger account
C. Recording two aspects of every transaction
D. Recording every transaction in books
Answer: Option C
Solution (By Examveda Team)
Double entry implies that recording two aspects of every transaction. The double-entry system of accounting or bookkeeping means that for every business transaction, amounts must be recorded in a minimum of two accounts.This Question Belongs to Commerce >> Accounting
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