Double entry bookkeeping starts from what is known as the accounting equation. It shows how the money invested by the owner/s will equal the assets of the business.
In her latest piece for PQ magazine top tutor Karen Groves sorts out the assets, liabilities, capital and drawing for you! Check it out at (on page 30): https://issuu.com/pqpublishing/docs/pq_magazine_july_2025.
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