bookkeeping : Idioms & Phrases
Index
Bookkeeping by double entry
- a mode of bookkeeping in which two entries of every transaction are carried to the ledger, one to the Dr., or left hand, side of one account, and the other to the Cr., or right hand, side of a corresponding account, in order tha the one entry may check the other; sometimes called, from the place of its origin, the Italian method.
Webster 1913
Bookkeeping by single entry
- the method of keeping books by carrying the record of each transaction to the debit or credit of a single account.
Webster 1913
double-entry bookkeeping
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noun bookkeeper debits the transaction to one account and credits it to another
double entry.
WordNet
single-entry bookkeeping
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noun a simple bookkeeping system; transactions are entered in only one account
single entry.