The system of recording transactions based on dual aspect concept is _____________.

Double account system

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Double entry system

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Single entry system

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Incomplete system

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Solution

The correct option is B Double entry system
The system of recording transactions based on dual aspect is called as double entry system.

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The system of recording transactions based on dual aspect concept is _____________.

The correct option is B Double entry systemThe system of recording transactions based on dual aspect is called as double entry system.

The correct option is B Double entry system
The system of recording transactions based on dual aspect is called as double entry system.