Fair enough. We need a new term for one of these things. It is a
repeated source of confusion & consternation.
Regards,
Adrien
On 1/18/24 9:54 AM, Michael or Penny Novack wrote:
Except I would never refer to a transaction that affect JUST TWO
accounts to have any "splits". When I use the term "splits" I mean that
either there is more than one debit account, more than one credit
account, or both. ALL transactions involve at least two accounts, at
least one debit and at least one credit. That is fundamental to double
entry bookkeeping.
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