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What is Triple Ledger Accounting?

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In traditional accounting, double entry or double ledger means that every transaction is entered twice - one as a debit and one as a credit. read more

Triple entry accounting is an enhancement to the traditional double entry system in which all accounting entries involving outside parties are cryptographically sealed by a third entry. These include purchases of inventory and supplies, sales, tax and utility payments and other expenses. read more

Another concept that has re-emerged as a result is called triple-entry accounting. At a high-level, triple-entry accounting is an alternative method of accounting in which a third component is added after the global standard debit and credit. read more

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Further Research

Blockchain ABC: Triple Entry Accounting
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