DOUBLE ENTRY FOR BEGINNERS – PART 1
DOUBLE ENTRY FOR BEGINNERS – PART 1 SALES SCENARIOS- PART 1 Financial Accounts are built on the double entry principle which states that: FOR EVERY DEBIT ENTRY, THERE MUST BE A CORRESPONDING CREDIT ENTRY; So, in posting any transaction into your accounts, you always need to identify which account needs to be debited and which … Read More