Doubles bookkeeping is a way to record the flow and status of money. For the sake of recording, we divide the attributes of money into five categories. This distinct attribute is called an account, and doubles bookkeeping is to manage the status and flow through this account.
| Account | Description |
|---|---|
| Assets | All the money I can spend |
| Debt | money I owe |
| Capital | money I can use minus the money I have to pay |
| Revenue | Money that flows from the outside and increases my money |
| Cost | Money that goes out and reduces my money |
Please refer to Life consumption> Accounting 1> Assets for detailed account information.