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DOUBLE ENTRY

(noun)
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Definitions

There is 1 meaning of the phrase Double Entry.

Double Entry - as a noun

Bookkeeper debits the transaction to one account and credits it to another

Synonyms (Exact Relations)
double-entry bookkeeping

Example Sentences

"Accurate financial statements require the use of double entry."
"The concept of double entry was developed in the 13th century by Italian mathematician and merchant Luca Pacioli."
"Most accounting software today is based on the double entry system."
"The double entry method provides a clear audit trail for transactions."
"Understanding double entry is essential for aspiring accountants and financial professionals."
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