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Meaning of "double entry" in the English dictionary

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DICTIONARY
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PRONUNCIATION OF DOUBLE ENTRY

double entry play
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GRAMMATICAL CATEGORY OF DOUBLE ENTRY

noun
adjective
verb
adverb
pronoun
preposition
conjunction
determiner
exclamation
Double entry is a noun.
A noun is a type of word the meaning of which determines reality. Nouns provide the names for all things: people, objects, sensations, feelings, etc.

WHAT DOES DOUBLE ENTRY MEAN IN ENGLISH?

Double-entry bookkeeping system

Double-entry bookkeeping, in accounting, is a system of bookkeeping so named because every entry to an account requires a corresponding and opposite entry to a different account. For instance, recording earnings of $100 would require making two entries: a debit entry of $100 to an account called "Cash" and a credit entry to an account called "Income." The earliest known written description of double-entry accounting comes from Franciscan friar Luca Pacioli. In deciding which account has to be debited and which account has to be credited, the golden rules of accounting are used. This is also accomplished using the accounting equation: Equity = Assets − Liabilities. The accounting equation serves as an error detection tool. If at any point the sum of debits for all accounts does not equal the corresponding sum of credits for all accounts, an error has occurred. It follows that the sum of debits and the sum of the credits must be equal in value. Double-entry bookkeeping is not a guarantee that no errors have been made—for example, the wrong ledger account may have been debited or credited, or the entries completely reversed.

WORDS THAT BEGIN LIKE DOUBLE ENTRY

double day
double decomposition
double density
double digging
double dip
double doors
double drummer
double Dutch
double eagle
double entendre
double exposure
double fault
double feature
double first
double flat
double garage
double glazing
double Gloucester
double helix
double indemnity

WORDS THAT END LIKE DOUBLE ENTRY

agentry
bill of entry
book of original entry
carpentry
country
Coventry
credit entry
Daventry
debit entry
entry
forced entry
forcible entry
gentry
landed gentry
misentry
port of entry
re-entry
send to Coventry
sentry
single entry
unlawful entry

Synonyms and antonyms of double entry in the English dictionary of synonyms

SYNONYMS

Translation of «double entry» into 25 languages

TRANSLATOR
online translator

TRANSLATION OF DOUBLE ENTRY

Find out the translation of double entry to 25 languages with our English multilingual translator.
The translations of double entry from English to other languages presented in this section have been obtained through automatic statistical translation; where the essential translation unit is the word «double entry» in English.

Translator English - Chinese

复式
1,325 millions of speakers

Translator English - Spanish

doble entrada
570 millions of speakers

English

double entry
510 millions of speakers

Translator English - Hindi

दोहरी प्रविष्टि
380 millions of speakers
ar

Translator English - Arabic

القيد المزدوج
280 millions of speakers

Translator English - Russian

двойная запись
278 millions of speakers

Translator English - Portuguese

dupla entrada
270 millions of speakers

Translator English - Bengali

দুইবার প্রবেশ করানো
260 millions of speakers

Translator English - French

à double entrée
220 millions of speakers

Translator English - Malay

Kemasukan berganda
190 millions of speakers

Translator English - German

doppelten Buchführung
180 millions of speakers

Translator English - Japanese

複式記入
130 millions of speakers

Translator English - Korean

두 번 항목
85 millions of speakers

Translator English - Javanese

Pindho entri
85 millions of speakers
vi

Translator English - Vietnamese

hai ngỏ vào
80 millions of speakers

Translator English - Tamil

இரட்டை பதிவு
75 millions of speakers

Translator English - Marathi

दुहेरी नोंद
75 millions of speakers

Translator English - Turkish

çift ​​giriş
70 millions of speakers

Translator English - Italian

partita doppia
65 millions of speakers

Translator English - Polish

podwójne wejście
50 millions of speakers

Translator English - Ukrainian

подвійний запис
40 millions of speakers

Translator English - Romanian

intrare dublu
30 millions of speakers
el

Translator English - Greek

διπλογραφική
15 millions of speakers
af

Translator English - Afrikaans

dubbelinskrywing
14 millions of speakers
sv

Translator English - Swedish

dubbel bokföring
10 millions of speakers
no

Translator English - Norwegian

double entry
5 millions of speakers

Trends of use of double entry

TRENDS

TENDENCIES OF USE OF THE TERM «DOUBLE ENTRY»

The term «double entry» is regularly used and occupies the 89.579 position in our list of most widely used terms in the English dictionary.
0
100%
FREQUENCY
Regularly used
58
/100
The map shown above gives the frequency of use of the term «double entry» in the different countries.
Principal search tendencies and common uses of double entry
List of principal searches undertaken by users to access our English online dictionary and most widely used expressions with the word «double entry».

FREQUENCY OF USE OF THE TERM «DOUBLE ENTRY» OVER TIME

The graph expresses the annual evolution of the frequency of use of the word «double entry» during the past 500 years. Its implementation is based on analysing how often the term «double entry» appears in digitalised printed sources in English between the year 1500 and the present day.

Examples of use in the English literature, quotes and news about double entry

EXAMPLES

10 ENGLISH BOOKS RELATING TO «DOUBLE ENTRY»

Discover the use of double entry in the following bibliographical selection. Books relating to double entry and brief extracts from same to provide context of its use in English literature.
1
Double Entry: How the merchants of Venice shaped the modern ...
The story of double entry stars a Renaissance monk, mathematician, magician and constant companion of Leonardo da Vinci, his 27-page treatise for merchants, re.
Jane Gleeson-White, 2011
2
Christie Malry's Own Double-entry
Employing the principles of double-entry bookkeeping, a frustrated bank clerk devises a unique system for righting the wrongs imposed on him by society 'Christie Malry's Own Double-Entry' is Johnson's most broadly humorous book, though as ...
Bryan Stanley Johnson, 1985
3
Double Entry: How the Merchants of Venice Created Modern Finance
At the heart of the story is double-entry bookkeeping: the first system that allowed merchants to actually measure the worth of their businesses.
Jane Gleeson-White, 2012
4
Accounting For Dummies
Businesses and nonprofit entities use double-entry accounting. But I've never met an individual who uses double-entry accounting in personal bookkeeping. Instead, individuals use single-entry accounting. For example, when you write a ...
John A. Tracy, 2011
5
Keeping the Books: Basic Recordkeeping and Accounting for ...
In the past, only double entry accounting was thought to be proper for businesses . However, it is now generally recognized that a single entry system will adequately serve many smaller (micro) businesses. As the business grows and becomes ...
Linda Pinson, 2007
6
Tax Savvy for Small Business
The Jumbalaya expense Journal shown above is an example of single-entry bookkeeping. a single-entry system, however, does not work for tracking inventory, loans, assets, and liabilities. for this, you need a double-entry system.
Frederick W. Daily, 2008
7
Classroom Strategies for Interactive Learning
Double-Entry. Diaries. Double-Entry Diary on Bacteria Text passage and page number This. Consider a typical personal reading experience — for example, a magazine cover story on women and heart disease. As you read, you encounter a ...
Doug Buehl, 2008
8
More Tools for Teaching Content Literacy
Most Double-Entry Journals use a two-column format in which students note the significant text in the first column and their response/reflection to the text in the second column. A Triple-Entry Journal adds a third column so students can revisit  ...
Janet Allen, 2008
9
Bookkeeping Workbook For Dummies
This is called double-entry bookkeeping and, if you do it right, your books should be in balance on the first try. Even if you do make mistakes, double-entry bookkeeping helps to minimize those mistakes and increases your chance of your ...
Lita Epstein, 2010
10
Delmar's Comprehensive Medical Assisting: Administrative and ...
The double-entry system requires that the two aspects involved in every transaction be recorded on each side of the equation and that the two sides always be in balance. Although this accounting system requires time and skill, it provides a ...
Wilburta Lindh, Marilyn Pooler, Carol Tamparo, 2009

10 NEWS ITEMS WHICH INCLUDE THE TERM «DOUBLE ENTRY»

Find out what the national and international press are talking about and how the term double entry is used in the context of the following news items.
1
Somaliland:Ministry of finance:Citizens are not implying anything …
Introducing a new financial system (e.g. moving from single entry to double entry bookkeeping) while officials struggle with backlogs in ... «SomalilandPress, Jul 15»
2
Once with a medical suite, this home is anything but sterile
... condominiums in Brookland, gave the home some pizazz by painting the exterior brick white and the double entry doors an eye-popping red. «Washington Post, Jul 15»
3
Rowers compete at nationals
... place finish in the Women's Quad event while Phillip MacNeal handily captured the bronze medal in the Men's Lightweight Double entry. «The Redding Pilot, Jul 15»
4
Greece poses risk to UK financial system, says Bank of England
Why not ask the Bank of England to show what the Greek debt looks like on their simple double entry book keeping system ? Or more ... «The Guardian, Jul 15»
5
DSWD maintains clean database of Pantawid Pamilya
GRS also has cleaned its list from double entry or duplication, fraud, missing, waived, not registered, among others. For her part, Kenneth Haze ... «Philippine Information Agency, Jul 15»
6
Tyro Payments and TouchBistro Team Up for Smooth Electronic …
... the Tyro EFTPOS terminal over broadband or WiFi networks accelerates payment processing time and eliminates double entry as well as the ... «Hospitality Technology, Jun 15»
7
Zoomlion foundation inaugurates board
... (a wholly Ghanaian NGO), Mrs. Sarah Kyei, Coordinator of the Foundation and Mr. Fred Amoah, Partner, Double Entry Management Consult. «GhanaWeb, Jun 15»
8
PM Narendra Modi launches 3 mega schemes
... levy of fee and user charges and augmenting double entry accounting. Action plans for the projects should provide for maintenance costs for ... «Financial Express, Jun 15»
9
The Dark and Bloody Ground of Neo-Confederate Mythology
They are also right that simple moral double entry bookkeeping doesn't explain Southerners (like Robert E. Lee) who were personally opposed ... «Jewish Journal, Jun 15»
10
Class Super cloud SMSF administration software expands partner …
Time and cost savings, as well as the reduction of error prone double entry, are critical. Our partnership with Class will be key as we continue to ... «Professional Planner, Jun 15»

REFERENCE
« EDUCALINGO. Double entry [online]. Available <https://educalingo.com/en/dic-en/double-entry>. Apr 2024 ».
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