Hi all,
Today we are going to learn about double entry system of accounting which means debit and credit.
This is the toughest part of accounting.
But, if you are confident about the earlier part of this series then this part is not so difficult.
Now, we all know about the accounting equation, that is..
↑ Asset = ↑ Equity + ↑ Liabilities
↑ Expenses ↑ Income
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