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Double..entry..accounting..is..based..on..the..fact..that..every..financial..transaction..has..
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RECORDING......State..whether..or..not..each..of..the..following..events..fits..the..double..
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Using..Pacioli's..debits..and..credits..system,..any..transaction..can..be..described..as..a..
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In....a....double....entry....accounting....system....(used....by....most....businesses)....every....business....
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Nov...17,...2015......CHAPTER...2...Double...Entry...System...of......method...of...writing...every...transactions...in...
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Whether..you..plan..to..use..a..manual..(paper-based)..or..an..automated..(computerized
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