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The golden principle of accounting is the principle of double entry.
The principle of double entry states that for every debit entry, there must be a corresponding credit entry of equal amount.
This principle ensures that the accounting equation (Assets = Liabilities + Equity) remains in balance.
It helps in maintaining accurate and reliable financial records.
Example: If a company purchases inventory for $1,000, there wil...
I applied via Approached by Company and was interviewed before Jan 2024. There were 2 interview rounds.
posted on 18 Nov 2023
I applied via Referral and was interviewed before Nov 2022. There were 4 interview rounds.
I applied via Naukri.com and was interviewed before Sep 2022. There were 3 interview rounds.
I applied via Referral and was interviewed in Oct 2020. There were 4 interview rounds.
I applied via campus placement at Christ University, Bangalore and was interviewed before Apr 2022. There were 3 interview rounds.
The golden principle of accounting is the principle of double entry.
The principle of double entry states that for every debit entry, there must be a corresponding credit entry of equal amount.
This principle ensures that the accounting equation (Assets = Liabilities + Equity) remains in balance.
It helps in maintaining accurate and reliable financial records.
Example: If a company purchases inventory for $1,000, there wil...
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