Home » Accounts (Principles of Accounts) » The accounting principle which states that for every debit entry, there is a corresponding credit…The accounting principle which states that for every debit entry, there is a corresponding credit… The accounting principle which states that for every debit entry, there is a corresponding credit entry is recognized by A. realization concept B. entity concept C. going cornvern concept D. dual aspect concept Correct Answer: Option D Explanation Related Posts A class of preference shares in which dividend rights are carried forward is » Given: Authorized Capital: N 100,000 ordinary shares of N 1 eash Issued and fully… The art of recording transactions in books of account is known as The Asa branch of Emene company Ltd, made a sales of N549,000 from the goods… A credit note from a supplier for damaged goods would first be entered in the Which of the following is not a debit item in a partnership appropriation account?
