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Who introduce Accounting Equation?

It is based on Accounting Principle of Dual Aspect of Money http://www.freembanotes.in/finance/accountancy/30-accounting-equation


What is dual aspect concept of accounting?

in dual aspect every transaction has two transactions if there is any debit entry then there must be credit entry.


What is the dual aspect concept?

Dual Aspect concept: This state that there are two aspects of accounting, one represented by the assets of the business and the other by the claims against them. The concept states that these two aspect are always equal to each other. In other words, this is the alternate form of the accounting equation: Assets=Liabilities+Capital Dual aspect concept is known as "Double Entry Book Keeping System".


What is the difference between the primal and dual?

The difference between primal and dual are that primal means an essential, or fundamental of an aspect where as dual means consisting of two parts or elements. Primal is one, dual is two.


Why does balance sheet balance?

balance sheet get balance due to the accounting principle Dual aspect. In it each and every transaction has debit and credit having equal amount. Debit the gains is equal to the Credit the losses. one of the gain is acquired then, there must be any losses. due to this principle it's getting balance.


What is the fundamental principle of non dual philosophy?

The fundamental principle of non-dual philosophy is the belief that everything in the universe is interconnected and ultimately one, transcending the duality of opposites such as good and bad, right and wrong.


What is the principle of dual soveriegnty?

It is the principle that both State and Federal Government can simultaneously make laws and prosecute crimes in a State.


What statement best summarizes Niels Bohr's complementarity principle?

Niels Bohr's complementarity principle states that particles can exhibit both wave-like and particle-like behavior, but never at the same time. It emphasizes the dual nature of light and matter, highlighting the need to use different experimental setups to observe each aspect.


What is principal of Duality?

According to principle of duality"Dual of one expression is obtained by replacing AND (.)with OR(+) and OR with AND together with replacement of 1 with 0 and 0 with 1. For example: consider the expression A+B=0. The dual of this expression is obtained by replacind + with . and 0 by 1. ie A.B=1 is dual of A+B=0


Working principle of dual trace oscilloscope?

Dual-trace operation allows you to view two independent signal sources as a dual display on a single CRT. This operation allows an accurate means of making amplitude, phase, time displacement, or frequency comparisons and measurements between two signals. A dual-trace oscilloscope should not be confused with a dual-beam oscilloscope. Dual-beam oscilloscopes produce two separate electron beams on a single scope, which can be individually or jointly controlled. Dual-trace refers to a single beam in a CRT that is shared by two channels.


Is the foundation moral principle sensed only by believers?

No, the foundation moral principle can be recognized by both believers and non-believers alike. It is a fundamental aspect of human ethics and behavior that is not exclusive to any particular belief system.


What is the most important aspect of secularism?

The most important aspect of secularism is the separation of government institutions and religious organizations. This principle ensures that the state remains neutral in matters of religion, allowing for freedom of belief and practice for all individuals within a society.