What is the meaning of double-entry bookkeeping?

noun

  • Bookkeeper debits the transaction to one account and credits it to another.
WordNet 3.0 © 2006 by Princeton University
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APAWordNet. (2010). double-entry bookkeeping. Retrieved September 20, 2026, from http://smartdefine.org/double-entry_bookkeeping/definitions/1271225
ChicagoWordNet. 2010. "double-entry bookkeeping" http://smartdefine.org/double-entry_bookkeeping/definitions/1271225 (accessed September 20, 2026).
HarvardWordNet 2010, double-entry bookkeeping, Smart Define, viewed 20 September, 2026, <http://smartdefine.org/double-entry_bookkeeping/definitions/1271225>.
MLAWordNet. "double-entry bookkeeping" 23 October 2010. Web. 20 September 2026. <http://smartdefine.org/double-entry_bookkeeping/definitions/1271225>
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