What type of accounting system uses this requirement

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1. Debits always equal credits. What type of accounting system uses this requirement? What is the accounting identity? What is the connection between “debits always equal credits” and the accounting identity?

2. The Internet contains many Web sites that provide information on financial aid resources for students. Access several of these sites. Do you have to register to access the information? Can you apply for financial aid on the sites, or do you have to request paper applications that you must complete and return?

Reference no: EM131874367

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What type of accounting system uses this requirement : Debits always equal credits. What type of accounting system uses this requirement? What is the accounting identity?

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