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MBA 3: Accounting and the Last Supper

Planet Money Summer School

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The Beauty of Double Entry Accounting

Before Luca and before documenting this double entry accounting, it was kind of that. You just sort of kept a track overall of where you ended up. Once you look at a balance sheet, you can see all the different things going on in one picture. So there could be two companies that have equal amounts of cash and are no way equal.

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