Each Transaction Changes The Balances In At Least Two Accounts

A Business Transaction Affects How Many Accounts Involved In It?

When a Business Transaction takes place, it affects atleat two Accounts involved in a transaction. This is due to the fact that every transaction must have accounts on debit and credit in equal amounts.

So, this is due to the Dual Aspect Concept applied in Accounting otherwise Accounting Equation can’t be equalized.