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Write one word/term or phrase which can substitute the following statement. Method of Accounting which records both aspects of the transaction. - Book Keeping and Accountancy

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Question

Write one word/term or phrase which can substitute the following statement.

Method of Accounting which records both aspects of the transaction.

One Word/Term Answer
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Solution

Double entry system

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Chapter 2: Meaning and Fundamentals of Double Entry Book-Keeping - EXERCISE [Page 39]

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Balbharati Book Keeping and Accountancy [English] Standard 11 Maharashtra State Board
Chapter 2 Meaning and Fundamentals of Double Entry Book-Keeping
EXERCISE | Q 2. 1) | Page 39
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