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单词 double-entry
释义

double-entry

adjective
Denoting a system of bookkeeping in which each transaction is entered as a debit in one account and a credit in another.The general statements formulated by these companies followed not the double-entry system, but the Venetian style of credits and debits....
  • The idea behind a double-entry system is that there is a debit from an account and a credit to an account for each transaction.
  • This process led ultimately to the advent of the full double-entry system of accounting that has been a fundamental support to the management and study of business for over five hundred years.
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更新时间:2024/9/23 19:25:45