See how you can save time with Memorized Transactions at my latest QuickBooks Newsletter.
QBC_Newsletter_February_2011.pdf
Sunday, February 20, 2011
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My Thoughts & Opinions on Accounting, Taxes, Fraud and other Small Business Topics.
The easiest way to know double entry bookkeeping would be to realize that every financial transaction includes a double effect. Usually medium and bigger companies make use of a double entry system for recording transactions. Thus, double entry accounting evolves from the truth that every transaction has double effects.
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