You can double account, but you are not allowed to trade between these accounts.
For example, account #1 mines runite because it has high mining. It then trades it to noob account #2 so it can level up faster. Moderator sees this and banns account #2, and gives a warning to account #1.
Do not worry I do it all the time you will be FINE. Do whatever you want there is minuscule probability you will be caught and if you do it doesn't matter.
The rules of the double entry state that " For every dr there must be a corresponding cr and for every cr there must be a corresponding dr "
The Accounting Principles are the assenition rules of accounting and the application of these rules, method & procedures to actual practice of accounting. These Accounting principles have been divided into a. accounting concepts b. accounting conventions.
personal accounting nominal accounting real accounting
personal accounting nominal accounting real accounting
Double Entry Accounting is introduced by Lucas Paciolli
There is no record of a machine that inspired the double-entry accounting method. Records show that double-entry accounting was inspired by existing accounting practices at the time.
The Accounting Principles are the assenition rules of accounting and the application of these rules, method & procedures to actual practice of accounting. These Accounting principles have been.The basic principle of accounting is to identify, record, and communicate financial transactions. The simple form of the basic accounting equation is assets equals liabilities plus equity.
The accounting rules are called the 'golden rules of accounting' ie debit what comes in and credit wht goes out debit the receiver and credit the giver debit all expenses and loss and credit all incomes and gains.
Luca Pacoli - Father of Modern Accounting
By following the rules.
They are set of accepted accounting standards and general rules.
Most of the people do not know the rules of Debit and Credit. That is the main problem in accounting.