The double entry system of accounting is a fundamental method used in managerial accounting to record financial transactions in a way that ensures the accounting equation, Assets = Liabilities + Equity, always remains balanced. This system is based on the principle that every financial transaction has a dual effect on the accounts. In other words, for every debit entry made in one account, there must be a corresponding credit entry in another account of equal value. This dual recording helps in accurate financial reporting and minimizes errors in accounting, making it particularly useful in tourism businesses, where multiple transactions such as ticket sales, hotel bookings, and tour package payments occur daily. In tourism enterprises, the double entry system ensures that all revenues, expenses, assets, and liabilities are accurately tracked. For