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What role does double entry accounting have in checking internal and external financial data for consistency...

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Accounting

What role does double entry accounting have in checking internaland external financial data for consistency and accuracy?

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Answer Double entry system playing most important role in preparing presenting and disclosing financial data of an organization All data initially record in journal on the basis of double entry system After that we prepare ledger income statement balance sheet Double    See Answer
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What role does double entry accounting have in checking internaland external financial data for consistency and accuracy?

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