Double Entry

Welcome: Double Entry
Description: The double entry system of accounting or bookkeeping means that every business transaction will involve two accounts (or more. Double entry also allows for the accounting equation (assets = liabilities + owner
Grade Level: 9-12
Curriculum: Business / Economics
Keywords: Asset, liability, capital (owner's equity), debit, credit, ledgers, journals, transactions
Author(s): Dwayne Rowe