Question:
According to the double entry system, every transaction will have _____ entries.
दोहरी प्रविष्टि प्रणाली (double entry system) के अनुसार, प्रत्येक लेनदेन में _____ प्रविष्टियाँ होंगी।
Options:
- Right and Left
- Up and Down
- Debt and Credit
- Up and Left
- Right and Left
- Up and Down
- Debt and Credit
- Up and Left
Correct Answer: c)
Explanation:
In the double-entry bookkeeping system, every financial transaction has equal and opposite entries known as Debit and Credit (printed as ‘Debt and Credit’ in the question). Total debits must always equal total credits, maintaining the accounting equation: Assets = Liabilities + Equity.
दोहरी प्रविष्टि प्रणाली (Double Entry System) के अनुसार, प्रत्येक वित्तीय लेनदेन के दो समान और विपरीत पहलू होते हैं: नामे (Debit) और जमा (Credit, जिसे प्रश्न में Debt and Credit लिखा गया है)।