Definitions
There is 1 meaning of the phrase
Double-Entry Bookkeeping.
Double-Entry Bookkeeping - as a noun
Bookkeeper debits the transaction to one account and credits it to another
Synonyms (Exact Relations)
double entryExample Sentences
"Learning double-entry bookkeeping is important for aspiring accountants."
"In double-entry bookkeeping, every transaction has an equal and opposite entry."
"The principles of double-entry bookkeeping were developed in the 15th century."
"Many businesses implement double-entry bookkeeping systems."
"The use of double-entry bookkeeping helps minimize errors in financial records."
