Double Entry (noun) Definition, Meaning & Examples

noun Bookkeeping.
  1. a method in which each transaction is entered twice in the ledger, once to the debit of one account, and once to the credit of another.
noun
    • a book-keeping system in which any commercial transaction is entered as a debit in one account and as a credit in another
    • (as modifier)
Double Entry (noun) Definition, Meaning & Examples

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