Double-Entry Accounting: What It Means and How It Works Your email has been sent Double-entry accounting is a system of recording transactions in two parts, debits and credits. This method of ...

Financial accounting is a multi-step process for companies following double-entry methods. The first and most important step begins with a journal entry: the recording of financial information related ...

Although no one knows when double-entry accounting first emerged, but Italian mathematician and Franciscan friar Luca Pacioli wrote the first codified system describing the technique in the late 1400s ...

Double-entry bookkeeping is a system that tracks the way funds flow within a business by accounting for transactions as transfers from one account, or bookkeeping category, to another. In double-entry ...

This article corresponds with David Mondrus’ January 29th post entitled “In Mining, We Trust” to the extent that this piece explains from an accounting perspective why a distributed public ledger ...

We are a team of writers, experimenters and researchers providing you with the best advice with zero bias or partiality. Proper bookkeeping is an unavoidable task when running a small business, but ...

A HISTORY OF double-entry accounting? Not a sexy prospect. The very idea evokes rows of half-starved, bent-over Dickensian clerks, with visors and arthritic hands, scribbling in giant, unending ...

Brian Beers is a digital editor, writer, Emmy-nominated producer, and content expert with 15+ years of experience writing about corporate finance & accounting, fundamental analysis, and investing.

Will Kenton is an expert on the economy and investing laws and regulations. He previously held senior editorial roles at Investopedia and Kapitall Wire and holds a MA ...