One basic assumption of the double entry theory is that i...
One basic assumption of the double entry theory is that it allows?
Two credit entries at the same time
Two debit entries at the same time
Debit and credit two credit entries at the same time
Debit and credit two credit entries in corresponding account
Correct answer is D
No explanation has been provided for this answer.
\(\begin{array}{c|c} \text{Rent receivable accrued 1/01/2005} & D3,000\\ \text{Rent received dur...
\(\begin{array}{c|c} & N \\ \hline \text{Fixed assets} & 12,000 \\ \text{Current assets} &am...
The unit which keeps government's books of accounts is the ...