Always needs two entries to keep assets equaling liabilities plus equity. If you do anything it effects both sides of the equation, thus “double entry” is requi

Always needs two entries to keep assets equaling liabilities plus equity. If you do anything it effects both sides of the equation, thus “double entry” is required to keep this relationship. It’s the accounting equation. https://www.investopedia.com/terms/a/accounting-equation.asp https://www.investopedia.com/terms/a/accounting-equation.asp