WHAT IS DOUBLE-ENTRY BOOKKEEPING IN BANKING OPERATIONS

What is double-entry bookkeeping in banking operations

Modern banking systems as we know them today only emerged in the 14th century. Find more about this.Humans have long engaged in borrowing and lending. Indeed, there is certainly evidence that these activities took place as long as 5000 years ago at the very dawn of civilisation. Nevertheless, modern banking systems only emerged in the 14th century.

read more