Class 11 Accountancy - Accounting Principles Part-IV - Dual Aspect Concept - Matching Principles Video by Let's Tute
Video Summary:
""Dual aspect concept" is the underlying basis for double entry accounting system and the "matching principle" acts as an underlying guideline in accounting. Through this session on Accounting Principles, we will understand the following topics in detail:
1) why do we need to follow the dual aspect concept in accounting
2) what is the difference between single entry system and double entry system.
Audience of the Video:
This video Useful for Class XI students.