double entry

double entry

n.

A method of bookkeeping in which a transaction is entered both as a debit to one account and a credit to another account, so that the totals of debits and credits are equal.

American Heritage® Dictionary of the English Language, Fifth Edition. Copyright © 2016 by Houghton Mifflin Harcourt Publishing Company. Published by Houghton Mifflin Harcourt Publishing Company. All rights reserved.

double entry

n

(Accounting & Book-keeping)

a. a book-keeping system in which any commercial transaction is entered as a debit in one account and as a credit in another. Compare single entry

b. (as modifier): double-entry book-keeping.

Collins English Dictionary – Complete and Unabridged, 12th Edition 2014 © HarperCollins Publishers 1991, 1994, 1998, 2000, 2003, 2006, 2007, 2009, 2011, 2014

dou′ble en′try

n.

a bookkeeping method in which each transaction is entered twice in the ledger, once to the debit of one account and once to the credit of another. Compare single entry.

[1715–25]

Random House Kernerman Webster's College Dictionary, © 2010 K Dictionaries Ltd. Copyright 2005, 1997, 1991 by Random House, Inc. All rights reserved.

Thesaurus

Noun

1.

double entry - bookkeeper debits the transaction to one account and credits it to another double-entry bookkeeping bookkeeping, clerking - the activity of recording business transactions

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