Basic accounting

Every business needs to have a list of chart accounts. With that, if you still don't have one, here are some examples you can take into consideration in terms of your business accounting! #chartsofaccounts #accounts #business

Debit and credit are two sides of the same accounting entry. These are the fundamental “effect” of each financial transaction. For maintaining correct accou

Balance sheets along with income statements are statements that are not only used to evaluate the health and financial position of a business but are the primary statements that lenders and investors will look at. In our previous article, we talked about creating an internal income statement to analyze our financial data. Here we will discuss the […]

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For most of my career, I have kept a sticky note on my laptop with a reminder of how debits and credits work. I want to save you the trouble (and the side-eye glances) by sharing a debits and credits cheat sheet that will help you understand and remember the basics of this accounting concept.

Basic Accounting terms class 11th

Here are the major types of accounting you must know about managerial accounting, auditing, financial accounting, etc. For more information visit the link.