double-entry bookkeeping

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Related to Double entry accounting: general ledger
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Noun1.double-entry bookkeeping - bookkeeper debits the transaction to one account and credits it to another
bookkeeping, clerking - the activity of recording business transactions
References in periodicals archive ?
Double entry accounting was invented during the Italian renaissance, by Venice merchants drawing on ideas from Eastern and Western mathematical systems.
ISLAMABAD, July 01, 2010 (Balochistan Times): To ensure transparency in its accounts books and strengthen financial management and reporting, the Capital Development Authority has launched a project of automated double entry accounting system.
Initially it could be assumed Bentham would be supportive of such a move, as surely the adoption of double entry accounting would improve financial accountability and disclosure, making the performance of the public sector more visible.
Who is going to admit to the fact that we now unquestionably have an imprudent one, unless they can prove that two imprudent chancellors can make a prudent one by a bit of cross and double entry accounting that they seem so good at?
Wild now moves directly from transaction analysis into the accounting equation, double entry accounting, debit and credits, and on through the accounting cycle to unadjusted financial statements.
PKI will be as fundamental to the business process in the 21st century as Pacioli's double entry accounting system.
Just as the principle of double entry accounting states that for every debit there must be a corresponding credit, so communication requires two complementary actions: for every piece of outgoing information, someone somewhere must receive and understand the message.