Content Page on Double Entry System and Accounting Equation

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Learn the rules of double entry bookkeeping system

What is the double entry system or dual aspect accounting theory or principle
What is the Accounting Equation or double entry concept
What are Real accounts and Nominal accounts

What is Personal and Impersonal accounts

What is Nominal Ledger

Pictorial diagram of classification of accounts as explained above

What are credit entries and also explain what does an entry on the credit side means. Is credit side and credit balance the same.


Questions with answers(True or False) on accounting concepts and double entry system



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