double-entry method

double-entry method

[¦dəb·əl ′en·trē ‚meth·əd]
(mining engineering)
A mining arrangement involving twin entries in flat or gently dipping coal, so that rooms can be extended from both entryways.
McGraw-Hill Dictionary of Scientific & Technical Terms, 6E, Copyright © 2003 by The McGraw-Hill Companies, Inc.
References in periodicals archive ?
The Medici did not systematically use the double-entry method. Still, the modern researcher cannot fail to be impressed by the neatness and orderliness of the Medici accounts.
The most remarkable historical developments in financial accounting, those associated with the rise of double-entry methods of keeping accounts, occurred after 1300.
Clough and Cole explain the rudimentary state of business bookkeeping before the adoption of double-entry methods, when transactions "were set down in chronological order and in Roman numerals.
The rise of Medici banking and its use of double-entry methods were reflected in the company's 1427 tax returns, sixty-seven years before publication of Pacioli's treatise on math and accounting.
If double-entry methods were already in use, what do we make of Pacioli's contribution to accounting?
128-129] rests on the assumption by us that De Scripturis was an effective exposition of the double-entry method and guide to its practice in Venice.
These claims rest on the assumption that De scripturis was an effective exposition of the double-entry method and guide to its practice in Venice.
A double-entry method of accounting may date from the 11th century in Korea, but extant commercial ledgers are no older than 1854.
This paper examines a double-entry method used in the accounts (1741-1883) of the (Namp'yong) Mun Clan Association (MCA), (2) an organization that is still active in Cholla Province.
Many of the basic principles of the double-entry method are apparent--personification of accounts, dual entry, integration, and periodicity.
Nevertheless, it is often asserted that Korean merchant houses in Kaesong City traded with China and Arabia and developed, as early as the mid-Koryo period (11th-13th centuries), a double-entry method known as the sagae Songdo ch'ibubop (four-sided Kaesong ledger method).
The introduction of double-entry methods represented significant accounting innovations in China.