Duality concept according to this concept, every transaction has two effects or aspects and we have to record the both effects or aspects of the transaction. The duality concept in accounting means that under this system all transactions are of a twofold nature and this means that data will be. Duality (mathematics) the same concept of planar graph duality may be generalized to graphs that are drawn in the plane but that do not come from a. According to the concise oxford dictionary, dualism or duality is the theory recognizing two independent principles, and it provides examples of duality: mind and matter good and evil in the universe.
How can the answer be improved. In physics and chemistry, wave-particle duality holds that light and matter exhibit properties of both waves and of particles a central concept of quantum mechanics, duality addresses the inadequacy of conventional concepts like particle and wave to meaningfully describe the behaviour of quantum objects.
Wave–particle duality is the concept in quantum mechanics that every particle or quantic entity may be partly described in terms not only of particles.
Definition of duality concept: an accounting principle that recognizes the dual impact of business transactions on the cash flow ledger or the balance.
Define duality duality initially we relied only on the concept of institutional duality and expected that pressures in the institutional environment and. Dual aspect concept, also known as duality principle, is a fundamental convention of accounting that necessitates the recognition of all aspects of an accounting transaction.
Duality concept is the foundation of the universally applicable double entry book keeping system it stems from the fact that every transaction has a double (or dual) effect on the position of a business as recorded in the accounts. The duality concept in accounting means that under this system all transactions are of a twofold nature and this means that data will be recorded in 2 accounts (credit and debit.