Question: Double entry bookkeeping; why is it useful? I claim that double entry bookkeeping improves accounting accuracy and clarifies communication. What supports that claim? What are

Double entry bookkeeping; why is it useful?

I claim that double entry bookkeeping improves accounting accuracy and clarifies communication. What supports that claim? What are the safeguards that double entry bookkeeping includes that wouldn't be offered by a simple list of transactions?

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