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Debits and Credits

Debits and credits record transactions in accounting. Automation applies double-entry logic accurately.
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What are Debits and Credits?

Debits and credits are the fundamental accounting entries used to record transactions. Under the double-entry accounting system, every transaction involves at least one debit and one credit. Debits increase assets, expenses, and equity accounts; credits increase liabilities and revenue. Automated accounting systems apply debit and credit logic transparently.

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