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Double-entry bookkeeping

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Double-entry bookkeeping
Accounting method that records each transaction as both a credit and a debit in different accounts.


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Accounting," Richardson argues, "in some sense, is just accounting: double-entry bookkeeping.
Many experts think it will boost today's commerce just as double-entry bookkeeping led to clearer financial statements that attracted investors and stimulated the Industrial Revolution.
We just came out with a new self-study course that teaches double-entry bookkeeping in around two hours (one sitting)," Sahlein said.
 
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