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The Accounting Method: Double Entry Bookkeeping (Part 1)

Accounting is based on a method: the Double Entry Bookkeeping System. It is time to getting familiar with it!

In Week 2 we focused on how to measure performance and the substantial aspect of valuation and recognition of revenues and expenses. In Week 3 we will finally embrace the accounting method in full, its logic, language in order to offer a more formal structure around the recording of companies’ transactions and end-of-year estimation. In the next two steps two (complementary) videos will guide you through the logic of the double entry bookkeeping system, its features and usefulness. Happy Viewing!

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Introduction to Financial Accounting

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