one or several accounts for the debit side = one or several accounts for the credit.
That said, if you use "specialized" accounting journals as defined by the System (Sales Journal, purchase journal etc...) with the default accounts for debit and credits being defined, the entries will be balanced automatically.
Setting up the default accounts must be carefully thought according to your chart of accounts; if you are not familiar with accounting ask for advise from an accountant.
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|Asked: 10/16/13, 4:44 AM|
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|Last updated: 3/16/15, 8:10 AM|