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About The Dual Nature of Transactions: The Duality Concept: Accounting I
This document provides an overview of the key concepts in accounting, including the duality principle and double-entry bookkeeping. It explains that every transaction has two aspects that must be recorded. Examples are then given to demonstrate recording business transactions for a retail business in the statement of financial position, applying the duality and double-entry principles. References for further reading on accounting concepts and practices are also included.
Detailed Information
| Author: | ['Kriszti'] |
|---|---|
| Publication Year: | 2020 |
| Pages: | 5 |
| Language: | English |
| Format: | |
| Price: | FREE |
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