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What is double entry book keeping

Asked By: ferozbm | Asked On: Mar 8th, 2006

Answered by: vasudeo007 on: Aug 26th, 2008

Double entry book keeping system was first mentioned by "Luca De Bargo Pacioli" in his book Summa de arithmetica in 1494.He was a classmate of Leonardo Da Vinci. The book Summa De Arithmetica was basi...

Answered by: mdffazal on: Dec 8th, 2007

Simple, double entry book keeping , actually we know that every thing have two aspect , in accounting systems each and every transaction treats as two aspects reciever/giver, what comes/ what goes out...

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