Debits and Credits balancing is exactly like unit tests in programming.
For everything the business has, there must be a story, and there must be a claim on it.
Assets = Equities
Assets = Liabilities plus Proprietorship
Revenue = Expenses plus net change in ownership
Lots of little sanity-checks.
But you can switch to "single entry" accounting if you don't need them. At least for your own decision-making processes.
Raison d'État
npub1mt…3ueyt
2026-10-14 11:43:37 UTC
in reply to nevent1q…656y
Author Public Key
npub1mts2l7rsvgpqxdc8sk39e50fpntw0p7eamq8pp3kek5h6k7qemzq83ueytPublished at
2026-10-14 11:43:37 UTCEvent JSON
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