Double-entry accounting dictates that:

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Double-entry accounting requires that every transaction be recorded in at least two accounts, with one account debited and one account credited. The debited account and the credited account must always be equal in value, ensuring that the accounting equation (Assets = Liabilities + Equity) remains in balance. This system of categorizing transactions into two offsetting accounts is the cornerstone of double-entry accounting.

Double-Entry Accounting Dictates That