Comment by ta12653421
1 year ago
Our prof repeated always (literally translated to EN):
"For every debit there must be a credit"
or
"Every transaction has two sides"
1 year ago
Our prof repeated always (literally translated to EN):
"For every debit there must be a credit"
or
"Every transaction has two sides"
That’s more than a little reductive but I imagine your professor was hoping that at least the motivating concepts of two-sided accounting would seep in.