Trial Balance (TB) and the beauty of ‘double-entry’

Page not completed yet http://www.mscs.dal.ca/~selinger/accounting/#1 Historically (i.e., before computers were used), one of the purposes of double entry accounting was to catch arithmetic errors and data entry errors. Since each transaction had to be recorded in at least two places, the results of additions and subtractions could be double-checked simply by checking whether the accounts…
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