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Results tagged with double-entry
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user 88337
Double-entry is an accounting technique in which every event is recorded in two separate accounts. The event is recorded in one account as a credit, and in the other account as a debit.
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votes
Question about double-entry accounting
I wonder if you're confusing "account" as meaning a bank account. An account, in accounting terms, is merely a ledger or list of transactions.
Say that you receive some cash. Where did that cash come …
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