Double Entry Definition

noun
A system of bookkeeping in which every transaction is entered as both a debit and a credit in conformity with the underlying accounting equation which states that assets equal liabilities plus net worth.
Webster's New World
Synonyms:
  • double-entry bookkeeping
adjective

Describing a method of bookkeeping in which each transaction is entered in two accounts, for debits and for credits.

Wiktionary

Double Entry Sentence Examples

  • Book-keeping by double entry may have been known to Stevinus as clerk at Antwerp either practically or through the medium of the works of Italian authors like Lucas Paccioli and Girolamo Cardan.

  • Write down ideas, plans, recollections, etc. Writing things down is kind of like a double-entry accounting system.

  • This course explains everything you need to know about basic manual double entry bookkeeping.

  • Beside, I require an invoice in order to balance my double-entry bookkeeping.

  • Nonprofits’ needs are serviced best by ledgers that organize and identify expenses, while small businesses needs are served best by programs with double-entry systems capable of handling several types of accounts.

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Words Starting With

DDODOU

Words Ending With

YRYTRY

Unscrambles

double entry

Words Starting With D and Ending With Y

Starts With D & Ends With YStarts With DO & Ends With YStarts With D & Ends With RY

Word Length

12 Letter Words12 Letter Words Starting With D12 Letter Words Ending With Y