The Accounting Equation
Posted: Fri, 1 May 2009 | permalink | No comments
Not a usual topic of blogging, but most of us need to keep track of
our money somehow (which I do with the help of the most excellent Ledger command-line
accountingbook-keeping tool). I've just been
pointed to a really great description of The
Accounting Equation, which is the basis of double-entry
book-keeping. Helped to straighten a few things out in my head.
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