Rule of double writing


Double entry rule - one of the basic accounting policies.

According to this, every business transaction is recorded in at least two different accounts, two different pages and the same value on the pages of the different accounts (same entry). For example, the purchase of cash for merchandise is recorded on the "Cash" side of the account (which reflects a decrease in cash) and on the "Goods Clearance Account" page (providing information that you have purchased and paid for the goods but without information these goods.)

Using this rule, it is possible to maintain a balance sheet principle that assumes that the sum of the values ​​of all assets is equal to the sum of the value of their financing sources. Authoritative control (activity):

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