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19 October, 22:57

When a company is using double-entry accounting, what elements of a given ledger must be equal?

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  1. 19 October, 23:14
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    When a company is using double-entry accounting, the elements of a given ledger that must be equal are the debit and the credit. They should reflect the balance of the books. There should be an equal amount in the debit column and in the credit column.
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