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DOUBLE ENTRY

  • Writer: Junaid Ali Khan
    Junaid Ali Khan
  • Mar 4, 2020
  • 1 min read

The system of double-entry bookkeeping records the two effects of each transaction, one

as a debit (‘DR’ or ‘Dr’) and one as a credit (‘CR’ or ‘Cr’). Recording each

effect separately acts as a check on the other.





 
 
 

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