double-entry bookkeeping

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  • noun

Synonyms for double-entry bookkeeping

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


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References in periodicals archive ?
JG-W: Yes, but he made some really fascinating assertions about double entry bookkeeping and capitalism.
The claim that cash can be accounted for in the same way as bank shares is based upon a surprisingly simplistic understanding of double entry bookkeeping.
Prince Michael of Kent congratulated the winners in the category The Best Employer of the Year, including IBA and awarded them a diploma and a Luca Award, a bronze statuette of Luca Pacioli, the Cistercian monk who is credited with inventing the process of double entry bookkeeping.