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To use the double-entry system of accounting, companies must first determine the transaction and identify the related accounts.
Double-entry accounting is a system of recording transactions in two parts, debits and credits. Learn how to apply it here.
Double-entry accounting is a system in which every transaction is recorded in at least two accounts, with one account debited and the other credited.
The double-entry bookkeeping system is commonly used in the accounting and business world to help companies keep track of financial transactions and inventory. Double-entry accounting is simply ...
Triple entry accounting is an enhancement to the traditional double entry system in which all accounting entries involving outside parties are cryptographically sealed by a third entry. These include ...
`Double Entry: How the Merchants of Venice Created Modern Finance’by Jane Gleeson-White W.W. Norton, 294 pp., $25.95 Modern business is almost literally unthinkable without accounting ...