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A comment on Double Entry Accounting for Developers. Parent comment
It's not two columns, it's both sides of the equation:
Assets = Equity + Liabilities
So if you're decreasing equity, but not gaining any liability, then the only option is to decrease assets to be balanced.
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It's not two columns, it's both sides of the equation:
Assets = Equity + Liabilities
So if you're decreasing equity, but not gaining any liability, then the only option is to decrease assets to be balanced.