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ContentCompanyWhat Is the Essential Point of the Double-Entry System of Accounting for Every Transaction?Why is double-entry accounting such a big deal?Double Entry Keeps the Accounting Equation in BalanceAccounting entriesWhat is double-entry accounting?Is it fit for your business? In single-entry bookkeeping, you maintain a cash book in which you record your income and expenses. Start with your existing cash balance for a given period, then add the

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