In this easy Hindi tutorial, we will explain you what the Double Entry System in Accounting is. In accounting each transaction needs to be recorded twice – on the debit side & credit side. We will also explain some technical terms that we use in accounting, like creditor, debtor, capital, owner, drawings, assets (fixed assets, current assets), liabilities (long term liabilities, current liabilities), outstanding expenses, depreciation, accounts and financial year. It will help you while learning TallyPrime