adjective “double-entry”
base form double-entry, non-gradable
- relating to a bookkeeping system where each transaction is recorded twice, as both a debit and a credit
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The company implemented a double-entry accounting system to ensure accurate financial records.
noun “double-entry”
singular double-entry, uncountable
- a bookkeeping method in which every transaction is entered twice, once as a debit and once as a credit
Double-entry helps prevent errors in financial statements.