Hello Samir,
I like how concise your post is (Warren et al, 2014, pp. 53-54). Before this class began, I understood some general concepts about accounting, but I am finding that accounting affects everyone’s lives, not just businesses (“Examples of double entry,” n.d.). For example, I didn’t previously know that when a person makes a purchase, this transaction between them and the employee is a part of accounting (“Examples of double entry,” n.d.).