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Accounting is often described as the chinese language of business, including its core sit the concepts of debits and credits. These two phrases form the backbone associated with the double-entry bookkeeping system, a technique that will has been utilized for centuries to record financial transactions accurately. Whether you're a small enterprise owner, an aspiring accountant, or just someone looking to know financial statements, holding the basics of debits and credits is essential. This kind of blog will break down these f