To demonstrate just how short and straightforward this new Treatise is going to be, I will be posting one of the first Entries for Section One. It is a three-part Entry designed to introduce how the Double-Entry Account Bookkeeping System functions and how to read it. Part I is an introduction to the basic set of equations employed by Double-Entry Account Bookkeeping. Part II expands what was written in Part I to showcase the Chart of Accounts (CoA). Part III expands on what was written in Parts I and II to introduce the System of National Accounts (SNA). The goal of the three-part Entry is to demonstrate how Liberal Capitalists conduct themselves within the Accounting Profession.
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