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<h2><span class="section-number">2.1. </span>Journal Entries<a class="headerlink" href="#journal-entries" title="Link to this heading"></a></h2>
<section id="accounting-recap">
<h3><span class="section-number">2.1.1. </span>Accounting Recap<a class="headerlink" href="#accounting-recap" title="Link to this heading"></a></h3>
<p><span class="math notranslate nohighlight">\(\text{Total Debits} = \text{Total Credits}\)</span></p>
<p><span class="math notranslate nohighlight">\(\sigma{Total Debits} = \sigma{Total Credits}\)</span></p>
<p><span class="math notranslate nohighlight">\({Assets} = {Liabilities} + Equity\)</span></p>
<p>Furthermore, we know that:</p>
<div class="math notranslate nohighlight">