For anyone completing a set of accounts, double entry bookkeeping is the starting point. Understanding how double-entry bookkeeping works, and the rules behind it are imperative to accurate financial accounts, which are in turn essential to the success of a business.
In this guide to double entry bookkeeping, we take a look at the following:
What double entry bookkeeping is
Why it is used within organisations
The concepts behind it, including debits and credits
The process of double entry bookkeeping
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