ACCOUNTING I Dersi Accounting and Business Environment soru detayı:

PAYLAŞ:

SORU:

What does dual effect mean?


CEVAP:

Each transaction has two aspects and both of them will affect the statement of financial position. So, each transaction has a dual effect on the accounting equation. Dual effect means that at least two items must be affected by a transaction and accounting equation has to remain in balance after making the changes in accounting equation.