Accounting is based on the principle of:

Double Entry is the right answer.

accounting is based on the concept of Double Entry system

Double Entry .................................................................................

Double Entry................................

option A double entry system is correct answer

Accounting is based on the single entry principle

The answer is option A. Double entry.

Correct Answer is Double Entry Principle on which accounting is based

Accounting is based on the Double Entry Principle because for any transaction to be to take place there must be a Giver and Receiver; a Creditor and a Debtor. so the double entry principles ensures the complete treatment of a transaction