أنشئ حسابًا أو سجّل الدخول للانضمام إلى مجتمعك المهني.
Only two. For example salaries outstanding
Effect 1: Appears in profit and loss account
Effect 2: Appears in balance sheet
in double entry system its 2 or more
2 or more accounts. Double entry System.
I agree with the answers given. Every transactions will affect 2 or more accounts
I am assuming that you are asking about the double entry accounting method; in this case 2 or more.