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The essential feature of double account system is: principles of double entry system capital receipts and capital expenditure shown in separate accounts showing assets as
- The essential feature of double account system is:
principles of double entry system
capital receipts and capital expenditure shown in separate accounts
showing assets as original cost, charging depreciation to depreciation reserve account
all of these
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The essential feature of double account system is The doubleentry is an accounting system to record a transaction in a minimum of two accounts and is based on a dual aspect ie Debit and Credit and thi...
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Accounting Principles
Authors: Jerry J. Weygandt, Paul D. Kimmel, Donald E. Kieso
9th Edition
978-0470317549, 9780470387085, 047031754X, 470387084, 978-0470533475
